957 47th Street Ensley Birmingham, AL 35208
3bd, 2ba | 1,299sqft | Built in 1969
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Initial Investment
$91,565
List Price: $89,500
Purchase Price
$89,500
Down Payment
100%
Rent
$950

Total Return
$40,252
Annualized Return
8.6%
Cap Rate
8.2%
Gross Yield
12.7%
Cash Flow
$6,675
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
08/01/2019 
Lease End
07/31/2020 
Lot Size
7,000 
HOA
None
Flood Risk
Not Required
  • Lease through July 2020
  • Investment property meets 1% Rule
  • Attractive Cap Rate
  • Located in the Belview Heights Neighborhood. Centrally located by major roadways, restaurants, and schools

Annual Financial Highlight
Expected Rent
$10,830
Expenses
-$3,055
Property Taxes
-$1,100
Loan Payments
$0

Net Cash Flow
$6,675
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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