223 Saturn Ln

Center Point, AL 35215
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4 bd, 2.5 ba | 1,920 sqft | Built in 1973

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List Price
$146,000

Initial Investment

$39,785

Purchase Price

$146,000

Down Payment

25%

Rent

$1,450

Total Return

$71,271

Annualized Return

25.0%

Cap Rate

8.0%

Gross Yield

11.9%

Cash Flow

$2,920

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,900

HOA

None

Flood Risk

Not Required

Great opportunity to own a home in the popular area of Center Point. This 4 bedroom 2.5 bath home features a large kitchen and den space. Nice gararage. This fixer-upper just needs a little love to be the perfect home. Close to retail and the highway this location is very desirable. Property sold as is. Schedule a viewing today.

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

Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$4,322

Property Taxes

-$1,350

Loan Payments

-$7,937

Net Cash Flow

$2,920

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:Todd Helzer
eXp Realty, LLC Central
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21365688
Last Updated: 09/17/2023 14:09
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.