1601 Acker Pl

Anniston, AL 36207
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3 bd, 2 ba | 1,762 sqft | Built in 1955

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List Price
$88,000

Initial Investment

$23,980

Purchase Price

$88,000

Down Payment

25%

Rent

$1,350

Total Return

$35,488

Annualized Return

26.2%

Cap Rate

11.9%

Gross Yield

18.4%

Cash Flow

$4,800

Appreciation

2.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Attention Investors! Prime Opportunity in Anniston! The 3 bed, 2 bath home boasts 1731 sqft and features two driveways. Situated in the heart of Anniston, next to Anniston High School and Northeast Regional Medical Center, this property is ripe for renovation. Don't miss out on this fantastic investment opportunity!

See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$4,976

Property Taxes

-$830

Loan Payments

-$4,784

Net Cash Flow

$4,800

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:Darius Ellis
Keller Williams Tuscaloosa
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceWest Alabama MLS
MLS #161645
Last Updated: 03/18/2024 18:03
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.