701 Parker Blvd

Weaver, AL 36277
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3 bd, 1 ba | 1,460 sqft | Built in 1952

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List Price
$142,900

Initial Investment

$38,940

Purchase Price

$142,900

Down Payment

25%

Rent

$2,250

Total Return

$65,562

Annualized Return

29.8%

Cap Rate

12.8%

Gross Yield

18.9%

Cash Flow

$9,289

Appreciation

2.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome to this charming 3-bedroom, 1-bath home located in the serene town of Weaver, AL. This cozy residence boasts a spacious living room, ideal for relaxation, along with a versatile den that can double as a workout studio or game room, catering to various lifestyle preferences. The well-appointed kitchen and separate dining area offer ample space for culinary delights and gatherings. A standout feature of this property is the expansive laundry room, providing convenience and functionality for everyday living. Perfectly suited for a starter family, Airbnb, mid-term rentals, or college students. This home offers a prime location just a 6-minute drive to the tranquil Finks Lake, a 9-minute drive to JSU, and an 8-minute drive to the Anniston Aquatic Center. Whether you're seeking a peaceful retreat or a convenient stay near local attractions, this property offers the best of both worlds in a desirable location."

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

Annual Financial Highlights

Expected Rent

$25,650

Expenses

-$8,042

Property Taxes

-$550

Loan Payments

-$7,769

Net Cash Flow

$9,289

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:Tan Akles-Fitch
RE/MAX Wired
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21383095
Last Updated: 04/19/2024 12:04
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.