4368 Ridgemont Cir Birmingham, AL 35244
3bd, 2.5ba | 1,388sqft | Built in 2016
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Initial Investment
$177,625
List Price: $175,000
Purchase Price
$175,000
Down Payment
100%
Rent
$1,350

Total Return
$66,987
Annualized Return
7.4%
Cap Rate
6.1%
Gross Yield
9.3%
Cash Flow
$10,579
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
01/15/2019 
Lease End
12/31/2019 
Lot Size
2,880 
HOA
$19/mo
Flood Risk
Not Required
  • 4 star neighborhood

Annual Financial Highlight
Expected Rent
$15,390
Expenses
-$3,211
Property Taxes
-$1,600
Loan Payments
$0

Net Cash Flow
$10,579
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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