152 Ridgecrest Rd

Calera, AL 35040
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3 bd, 2 ba | 1,346 sqft | Built in 2017

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List Price
$225,000

Initial Investment

$61,313

Purchase Price

$225,000

Down Payment

25%

Rent

$1,530

Total Return

$96,432

Annualized Return

21.1%

Cap Rate

5.8%

Gross Yield

8.2%

Cash Flow

$317

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,881

HOA

None

Flood Risk

Not Required

Charming 3br/2ba home in Calera! Welcome to this beautiful home. The eat in kitchen offers plenty of space for family meals and entertaining. Home has a laundry room. Enjoy your own oasis in the master suite. Step outside to a covered patio that overlooks a fully fenced backyard perfect for pets, play or relaxing evenings. The location gives you easy access to local schools, shops and entertainment. Don't miss this one!

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

Annual Financial Highlights

Expected Rent

$17,442

Expenses

-$2,843

Property Taxes

-$2,050

Loan Payments

-$12,232

Net Cash Flow

$317

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:Shelly Wallace
RealtySouth-I459 Southwest
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21416023
Last Updated: 04/24/2025 22:04
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