118 Winchester Dr
Bessemer, AL 35022
List Price
$179,900
Initial Investment
$49,023Purchase Price
$179,900
Down Payment
25%
Rent
$1,310
Total Return
$86,154
Annualized Return
22.9%
Cap Rate
6.0%
Gross Yield
8.7%
Cash Flow
$485
Appreciation
8.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
21,840
HOA
None
Flood Risk
Not Required
Welcome to 118 Winchester Dr—this classic ranch-style home offers easy, one-level living on a quiet street in Bessemer. Featuring 3 bedrooms, 2 baths, and a spacious living room filled with natural light, it’s perfect for cozy nights or relaxed entertaining. The primary suite includes a private bath, and the generously sized guest rooms provide flexibility for family, work, or hobbies. Step outside to enjoy the flat, fenced backyard—ideal for pets, play, or weekend grilling. Conveniently located near shopping, dining, and I-459, this home blends comfort and convenience with timeless charm. With fresh paint, a new sliding back door, and a new dishwasher and microwave, this one is ready for you! Don’t miss your chance to make this one yours!
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$14,934Expenses
-$2,658Property Taxes
-$2,010Loan Payments
-$9,780Net Cash Flow
$485See 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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SourceGreater Alabama MLS
MLS #21416133
Last Updated: 04/23/2025 20:04
MLS #21416133
Last Updated: 04/23/2025 20:04