2332 2Nd Pl NE

Center Point, AL 35215
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3 bd, 1 ba | 884 sqft | Built in 1956

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List Price
$125,000

Initial Investment

$34,063

Purchase Price

$125,000

Down Payment

25%

Rent

$1,070

Total Return

$57,322

Annualized Return

23.4%

Cap Rate

7.4%

Gross Yield

10.3%

Cash Flow

$1,804

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

15,072

HOA

None

Flood Risk

Not Required

NEW ROOF! Investor or owner-occupant opportunity! This one-level home sits on a quiet cul-de-sac with a flat, usable yard—perfect for outdoor living, pets, or future additions. The bathroom has been remodeled, and the HVAC system was recently serviced, offering peace of mind. A long driveway provides plenty of parking. Located just minutes from downtown Birmingham, UAB, and all major hospitals, this home offers both convenience and value. Whether you’re looking to add to your rental portfolio or settle into a low-maintenance home near the city, this is a smart buy in a growing area.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$12,198

Expenses

-$2,448

Property Taxes

-$1,150

Loan Payments

-$6,796

Net Cash Flow

$1,804

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:Heidi Calamusa
Keller Williams Realty, Vestavia
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21416075
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.