2409 Green Ave NW

Fort Payne, AL 35967
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3 bd, 2 ba | 2,071 sqft | Built in 1996

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List Price
$249,900

Initial Investment

$68,098

Purchase Price

$249,900

Down Payment

25%

Rent

$1,480

Total Return

$92,185

Annualized Return

18.2%

Cap Rate

5.0%

Gross Yield

7.1%

Cash Flow

-$1,667

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,810

HOA

None

Flood Risk

Not Required

This move in ready home combines beautiful design elements w/ traditional aesthetics resulting in a cozy living space! The layout seamlessly connects the living, dining & kitchen areas fostering a spacious & inviting atmosphere. Kitchen has been upgraded w/ new appliances and flows to the deck for extra entertaining & relaxation w/ beautiful mountain views! There are two bedrooms & a bath upstairs w/ an attached office space. The lg master is isolated w/ beautiful hardwoods & walk in closet. Basement could be converted for additional sq feet. New paint and stained deck, fresh landscaping, large lot, new gutters and no carpet in home! A must see!

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$16,872

Expenses

-$3,003

Property Taxes

-$1,950

Loan Payments

-$13,586

Net Cash Flow

-$1,667

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:Luci Buschard
Agent License 82457
RE/MAX Unlimited
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceHuntsville Area Association of Realtors
MLS #21886357
Last Updated: 04/21/2025 02:04
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