1368 5th Pl NW

Center Point, AL 35215
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3 bd, 1 ba | 1,324 sqft | Built in 1956

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List Price
$97,000

$10K

Initial Investment

$26,433

Purchase Price

$97,000

Down Payment

25%

Rent

$1,090

Total Return

$53,823

Annualized Return

28.6%

Cap Rate

9.3%

Gross Yield

13.5%

Cash Flow

$3,159

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,660

HOA

None

Flood Risk

Not Required

Great property for investors or those looking to set into a solid 3 bed 1 bath house with a little equity. Minimum cosmetic work needed . HVAC system is like new. Great neighborhood! Come take a look

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

Annual Financial Highlights

Expected Rent

$12,426

Expenses

-$2,893

Property Taxes

-$1,100

Loan Payments

-$5,273

Net Cash Flow

$3,159

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:Dan Demers
Agent License 409044
Sell Your Home Services, LLC
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21382240
Last Updated: 04/29/2024 14:04
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.