3119 19th St N

Hueytown, AL 35023
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3 bd, 2 ba | 1,400 sqft | Built in 1940

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List Price
$120,000

Initial Investment

$31,338

Purchase Price

$115,000

Down Payment

25%

Rent

$1,200

Total Return

$67,040

Annualized Return

28.1%

Cap Rate

8.1%

Gross Yield

12.5%

Cash Flow

$2,365

Appreciation

8.2%
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Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

9,500

HOA

None

Flood Risk

Not Required

Attention investors - great rental opportunity! Must see this RENOVATED home! Bond with family & entertain friends while enjoying NATURAL lighting, FRESHLY PAINTED, NEUTRAL colors & NEW flooring throughout. Cook up a feast in the kitchen with NEW granite countertops and plenty of space for the cook to spread out. Plenty of space for the whole family to spread out with 3 bedrooms and 2 bathrooms on the main level. Grill out and chill out on the back while enjoying your flat backyard with tall natural landscaping or relax on your front porch while enjoying your morning coffee. This home is the perfect combination of space, location & price.

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

Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,621

Property Taxes

-$1,442

Loan Payments

-$6,252

Net Cash Flow

$2,365

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:Josh Vernon
Keller Williams Realty Vestavia
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #1338058
Last Updated: 11/23/2022 12:11
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.