2918 Highwood Ct

Hueytown, AL 35023
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3 bd, 2.5 ba | 1,834 sqft | Built in 1964

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List Price
$265,000

Initial Investment

$72,213

Purchase Price

$265,000

Down Payment

25%

Rent

$1,500

Total Return

$109,886

Annualized Return

19.5%

Cap Rate

4.6%

Gross Yield

6.8%

Cash Flow

-$2,951

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Stunningly renovated home boasts new fixtures & stainless kitchen appliances, dazzling quartz countertops, and elegant hardwood floors. Enjoy the serenity of the screen porch/sunroom and luxuriate in the glamorous bathrooms adorned with designer tile and quartz counters. The fenced yard offers ample shade for outdoor enjoyment. This home is a masterpiece of modern living. Enjoy 3 bedrooms and 2.5 baths with spacious closets. Relax in the sunroom overlooking the large fenced yard. Need boat storage or a woodshop? There is a great detached garage for multiple uses! Don't miss out on this one!

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$3,044

Property Taxes

-$2,600

Loan Payments

-$14,407

Net Cash Flow

-$2,951

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:Steve Parker
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Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21365752
Last Updated: 09/18/2023 19:09
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.