108 Wheeler Dr

Hueytown, AL 35023
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2 bd, 1 ba | 980 sqft | Built in 1924

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List Price
$89,900

Initial Investment

$24,498

Purchase Price

$89,900

Down Payment

25%

Rent

$900

Total Return

$51,390

Annualized Return

27.5%

Cap Rate

8.0%

Gross Yield

12.0%

Cash Flow

$1,657

Appreciation

8.2%
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Features

Lot Size

0

HOA

None
Own your own home for less than rent! This cute 2 bedroom 1 bath house has so much character. Original hardwood floors, updated colors and large backyard with plenty of room for children and pets. Easy access to the interstate and schools just around the corner. Why pay rent when you can own for less than $900 per month?

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Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$2,698

Property Taxes

-$1,018

Loan Payments

-$4,887

Net Cash Flow

$1,657

See more in Financials

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.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

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:Sherry Dalton
Keller Williams Realty Hoover
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #1354824
Last Updated: 05/26/2023 18:05
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.