7542 Willard Dr W

Theodore, AL 36582
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3 bd, 2 ba | 1,323 sqft | Built in 1999

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List Price
$210,000

Initial Investment

$57,225

Purchase Price

$210,000

Down Payment

25%

Rent

$1,480

Total Return

$87,989

Annualized Return

20.8%

Cap Rate

6.0%

Gross Yield

8.5%

Cash Flow

$552

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,012

HOA

None

Flood Risk

Not Required

Welcome to 7542 Willard Dr W, a beautifully maintained 3-bedroom, 2-bathroom spacious brick home on a slab foundation. The home features an open floorplan with a modern kitchen. The kitchen and both bathrooms features sleek granite countertops. The property is highlighted by one largest backyards in the neighborhood, great for outdoor enjoyment, and entertainment. Ideally located, this home offers easy access to Bellingrath Gardens, Downtown Mobile, the Lower Alabama Eastern Shore, and the Mississippi Gulf Coast. Enjoy a blend of comfort, convenience, and affordability in this inviting residence.

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NEIGHBORHOOD

SCHOOLS

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Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$16,872

Expenses

-$3,003

Property Taxes

-$1,900

Loan Payments

-$11,417

Net Cash Flow

$552

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Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Garrison Johns
eXp Realty Southern Branch
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGulf Coast MLS (GCMLS)
MLS #7511320
Last Updated: 01/20/2025 02:01
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.