2237 7th St NE Center Point, AL 35215
3bd, 1ba | 1,342sqft | Built in 1956
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Initial Investment
$94,075
List Price: $90,000
Purchase Price
$90,000
Down Payment
100%
Rent
$900

Total Return
$37,514
Annualized Return
7.9%
Cap Rate
7.8%
Gross Yield
12.0%
Cash Flow
$6,533
Appreciation
2.2%
Features
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
18,900 
HOA
None
Flood Risk
Not Required
  • Attractive cap rate
  • 2.5-star neighborhood
  • Easy access to Old Springville Road, I-459 and I-59

Annual Financial Highlight
Expected Rent
$10,260
Expenses
-$2,727
Property Taxes
-$1,000
Loan Payments
$0

Net Cash Flow
$6,533
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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