123 FAITH AVE

JACKSONVILLE, AL 36265
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2 bd, 1 ba | 1,090 sqft | Built in 1996

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List Price
$149,900

Initial Investment

$40,848

Purchase Price

$149,900

Down Payment

25%

Rent

$1,190

Total Return

$26,889

Annualized Return

11.5%

Cap Rate

7.1%

Gross Yield

9.5%

Cash Flow

$1,855

Appreciation

2.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,245

HOA

None

Flood Risk

Not Required

This adorable one-level handicap friendly home has been lovingly maintained and thoughtfully updated! With 2 bedrooms and 1 bath, it features a beautifully remodeled kitchen complete with quartz countertops, tile backsplash, new cabinets, and a fridge that stays. The interior includes new flooring and updated ceiling fans. Outside, the front porch has been freshly painted and accented with new shutters. Major systems like the roof, HVAC, and water heater are all only 5 years old. You'll love the flat backyard and covered porch, perfect for relaxing or entertaining. Move-in ready and full of charm!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$13,566

Expenses

-$2,622

Property Taxes

-$940

Loan Payments

-$8,149

Net Cash Flow

$1,855

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

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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:Amy Angel
Keller Williams Realty Group Jacksonville
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21415606
Last Updated: 04/16/2025 18:04
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