1006 8th St NE

Jacksonville, AL 36265
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3 bd, 2.5 ba | 2,043 sqft | Built in 1973

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List Price
$250,000

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$1,820

Total Return

$35,321

Annualized Return

9.1%

Cap Rate

6.3%

Gross Yield

8.7%

Cash Flow

$1,300

Appreciation

2.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Situated on over an acre, this 3 bedroom brick rancher could be your perfect home. Located less than one mile from the JSU campus, the property could also make an excellent investment to add to your rental portfolio. The home provides beautiful mountain views while having great proximity to the University.

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

Annual Financial Highlights

Expected Rent

$20,748

Expenses

-$4,807

Property Taxes

-$1,050

Loan Payments

-$13,591

Net Cash Flow

$1,300

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:Chris Bobo
Keller Williams Realty Group
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21382701
Last Updated: 04/16/2024 00:04
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.