241 Jefferson St

Heflin, AL 36264
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3 bd, 1 ba | 1,299 sqft | Built in 1935

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List Price
$100,000

Initial Investment

$27,250

Purchase Price

$100,000

Down Payment

25%

Rent

$1,100

Total Return

$57,812

Annualized Return

29.4%

Cap Rate

9.3%

Gross Yield

13.2%

Cash Flow

$3,274

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Metal roof, updated windows. Situated on a half acre lot perfect for entertaining, gardening, or a safe place for the kids to run around. With a little TLC this would make a nice starter home or great investment property. Sellers are motivated. Bring your offer.

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

Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,430

Property Taxes

-$400

Loan Payments

-$5,437

Net Cash Flow

$3,274

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:Bobby Tate
Keller Williams Trussville
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21379820
Last Updated: 03/16/2024 00:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.