708 LOLA RD

PRATTVILLE, AL 36067
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4 bd, 2 ba | 3,248 sqft | Built in 2006

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List Price
$285,000

Initial Investment

$77,663

Purchase Price

$285,000

Down Payment

25%

Rent

$2,530

Total Return

$112,774

Annualized Return

22.1%

Cap Rate

8.2%

Gross Yield

10.7%

Cash Flow

$6,767

Appreciation

4.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

43,560

HOA

None

Flood Risk

Not Required

Discover the perfect blend of space, comfort, and convenience at 708 Lola Rd in Prattville, AL. This stunning 4-bed, 2-bath, 3,248 Sqft. ft home sits on 1.5 acres, offering privacy and room to roam. Inside, enjoy a spacious family room with a cozy fireplace, a chef’s kitchen with custom cabinets and a breakfast bar, and a large dining room perfect for gatherings. The luxurious master suite features tray ceilings, a walk-in closet, and a spa-like bath with a garden tub and double vanities. A bonus room with a fireplace adds extra versatility. Step outside to your private oasis with an 18x36 in-ground pool, covered porch, and fenced yard—ideal for relaxing or entertaining. Located just minutes from shopping, dining, and I-65, with top-rated schools nearby, this home offers the best of country living with modern conveniences. Don’t miss out on this rare find!

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

Annual Financial Highlights

Expected Rent

$28,842

Expenses

-$5,611

Property Taxes

-$970

Loan Payments

-$15,494

Net Cash Flow

$6,767

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:Cliff Glansen
Agent License 88060
FlatFee.com
Certified Agent Brokerage:Michael Atkins
Harris & Atkins Real Estate LLC
AL Brokerage License 94525
SourceGreater Alabama MLS
MLS #21410532
Last Updated: 02/25/2025 19:02
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