264 MURFEE DR

PRATTVILLE, AL 36066
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3 bd, 2 ba | 1,752 sqft | Built in 1977

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,780

Total Return

$74,257

Annualized Return

24.1%

Cap Rate

9.1%

Gross Yield

12.2%

Cash Flow

$5,570

Appreciation

4.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,650

HOA

None

Flood Risk

Not Required

Sprawling, corner-lot gem in Elmore County's Scenic Hills sub! Brimming with natural light, enjoy this welcoming interior with neutral finishes – just waiting to compliment any decor style you decide. From the front living room to the den with cathedral ceilings and cozy brick fireplace hearth, take advantage of multiple spaces for both entertaining and relaxation. Cook your favorite meals in the galley-style kitchen boasting sleek stainless-steel appliances and convenient dining nook. Retreat to the airy primary suite with fully updated private bath featuring chic tile and contemporary fixtures. Two additional bedrooms and a second full bath (beautifully updated) provide flexibility and ample space for rest and refreshment. Great exterior features include spacious rear and front yards, large storage shed, sizable, covered patio for endless outdoor enjoyment, and more! Your search ends here! Inquire today!

See more in Analysis
Michael Atkins
Harris & Atkins Real Estate LLC
AL Agent License #87309

Annual Financial Highlights

Expected Rent

$20,292

Expenses

-$4,264

Property Taxes

-$950

Loan Payments

-$9,508

Net Cash Flow

$5,570

See more in Financials

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:Rachel Lowell
Agent License 0100445
Marketplace Homes
Certified Agent Brokerage:Michael Atkins
Harris & Atkins Real Estate LLC
AL Brokerage License 94525
SourceMontgomery Area AOR (MAAR MLS)
MLS #572511
Last Updated: 03/21/2025 00:03
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