3313 Rockford Dr

Northport, AL 35473
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4 bd, 1 ba | 2,712 sqft | Built in 1995

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List Price
$325,000

Initial Investment

$88,563

Purchase Price

$325,000

Down Payment

25%

Rent

$3,400

Total Return

$171,490

Annualized Return

27.7%

Cap Rate

9.1%

Gross Yield

12.6%

Cash Flow

$10,505

Appreciation

6.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

High Risk - Zone AE

Welcome to this meticulously crafted turnkey property, a modern gem built in 2013 that seamlessly blends comfort and contemporary design. Boasting three bedrooms and two bathrooms, this home offers a perfect balance of space and functionality. Situated strategically, it is conveniently located just 15 minutes from Burlington Alamance Regional Airport, making travel a breeze. Additionally, history enthusiasts will appreciate the proximity to the Alamance Battleground State Historic Site, a mere 14-minute drive away. For golf enthusiasts, the Brookwood Golf Course is a short 10-minute jaunt, providing a picturesque setting for leisurely afternoons. With its thoughtfully designed layout and proximity to key amenities and attractions, this property is a turnkey solution for those seeking a harmonious blend of modern living and convenience.

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

Annual Financial Highlights

Expected Rent

$38,760

Expenses

-$8,277

Property Taxes

-$2,310

Loan Payments

-$17,669

Net Cash Flow

$10,505

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:Steven Koleno
Agent License 3469487
Beycome Brokerage Realty
Certified Agent Brokerage:Mel Priess-AL
Roofstock Realty LLC
SourceGreater Alabama MLS
MLS #21392627
Last Updated: 07/24/2024 19:07
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