21181 Max Vintson Rd

Northport, AL 35475
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2 bd, 2 ba | 1,136 sqft | Built in 1935

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List Price
$129,900

Initial Investment

$35,398

Purchase Price

$129,900

Down Payment

25%

Rent

$1,070

Total Return

$42,672

Annualized Return

18.8%

Cap Rate

7.7%

Gross Yield

9.9%

Cash Flow

$2,285

Appreciation

4.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

84,942

HOA

None

Flood Risk

Not Required

A delightful residence awaits, nestled on a spacious 2-acre lot, offering the perfect blend of country charm and modern convenience. The perfect opportunity to make it yours, this home boasts 2 bedrooms, 2 bathrooms, and an additional third room that can serve as an additional bedroom. The spacious living area flows into the kitchen creating an inviting space for entertaining and family gatherings. There is an added room off the living area that would make a great home office. Step outside and enjoy the expansive outdoors, perfect for a large garden, playground, or simply relaxing space. This property has room for it all. Come see why this home is the perfect setting for your new beginning.

See more in Analysis
Mel Priess-AL
Roofstock Realty LLC
Agent License #000141516

Annual Financial Highlights

Expected Rent

$12,198

Expenses

-$2,401

Property Taxes

-$450

Loan Payments

-$7,062

Net Cash Flow

$2,285

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:Christie Fuller
NextHome Legacy Group
Certified Agent Brokerage:Mel Priess-AL
Roofstock Realty LLC
SourceWest Alabama MLS
MLS #163793
Last Updated: 07/24/2024 22:07
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