407 S Park Rd SW

Birmingham, AL 35211
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2bd, 1ba | 1,050 sqft | Built in 1947

List Price
$57,900

Initial Investment

$58,769
Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

7,521

HOA

None

Flood Risk

Not Required

  • 2 bed 1 bath with covered porch
  • Attractive cap rate
  • Get more insight into this market here
See more in Analysis
Annual Financial Highlights

Expected Rent

$9,063

Expenses

-$2,999

Property taxes

-$800

Loan Payments

$0

Net Cash Flow

$5,264

See more in Financials

Property CharacteristicsView Details

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract. If any prior inspection reports are available, you'll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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.