122 Mims Cir

Clanton, AL 35045
image0

4 bd, 1 ba | 1,272 sqft | Built in 1976

slider image
slider image
slider image
List Price
$185,000

Initial Investment

$50,413

Purchase Price

$185,000

Down Payment

25%

Rent

$1,490

Total Return

$86,333

Annualized Return

23.9%

Cap Rate

7.4%

Gross Yield

9.7%

Cash Flow

$3,042

Appreciation

6.7%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,750

HOA

None

Flood Risk

Not Required

Welcome Home! This beautifully updated starter home is the perfect blend of modern style and cozy comfort. This home features space for an Extra Bedroom or Cozy Den. Completely move-in ready, it features fresh updates throughout—including new flooring, updated kitchen. Fresh paint, and stylish finishes that will wow you from the moment you walk in. Whether you're a first-time buyer or just looking to downsize, this home offers low-maintenance living with all the charm and functionality you need.

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$16,986

Expenses

-$3,136

Property Taxes

-$750

Loan Payments

-$10,058

Net Cash Flow

$3,042

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.

Similar Listings



Listing Courtesy of:Taunea Green
Keller Williams Metro South
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21416059
Last Updated: 04/17/2025 00:04
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.