532 Athens Ct

Birmingham, AL 35212
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3 bd, 1 ba | 1,138 sqft | Built in 1956

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List Price
$145,000

Initial Investment

$39,513

Purchase Price

$145,000

Down Payment

25%

Rent

$1,030

Total Return

$44,981

Annualized Return

16.7%

Cap Rate

6.0%

Gross Yield

8.5%

Cash Flow

$302

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,980

HOA

None

Flood Risk

Not Required

Welcome to your fully renovated, move-in ready home in Birmingham, nestled on a .18 acre lot. This single-story house boasts 3 bedrooms, 1 full bath, and is finished with luxurious vinyl plank flooring throughout. Significant updates include a new roof, HVAC, hot water heater, flooring, and paint, ensuring a hassle-free lifestyle. The heart of the home features a modern kitchen equipped with all new appliances, streamlining meal prep and entertainment. Enjoy the peace of mind that comes with newly installed systems, providing comfort and reliability. Situated in a prime location, this property offers the perfect blend of city accessibility and suburban tranquility. It’s an ideal opportunity for those seeking a fresh start in a beautifully updated home in Birmingham.

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

Annual Financial Highlights

Expected Rent

$11,742

Expenses

-$2,207

Property Taxes

-$1,350

Loan Payments

-$7,883

Net Cash Flow

$302

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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Certified Agent Brokerage:Benjamin Hedden
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AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21380804
Last Updated: 03/27/2024 00:03
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.