525 County Road 243
Florence, AL 35633
List Price
$274,995
$5K
Initial Investment
$74,936Purchase Price
$274,995
Down Payment
25%
Rent
$3,570
Total Return
$151,184
Annualized Return
31.2%
Cap Rate
11.3%
Gross Yield
15.6%
Cash Flow
$14,576
Appreciation
4.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Discover the charm of 525 County Road 243, Florence, AL - a colonial-style brick masterpiece on a sprawling 3-acre lot. This 2-story, recently upgraded home offers over 3000 sqft of modern living space. With 4 bedrooms and 3 bathrooms, it blends historical elegance with contemporary comfort. Ample outdoor space promises endless possibilities for leisure and entertainment. Inside, natural light accentuates the meticulous upgrades across generous living areas. Don't miss this unique opportunity to own a piece of history in Florence.
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$40,698Expenses
-$9,922Property Taxes
-$1,250Loan Payments
-$14,950Net Cash Flow
$14,576See 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.
Similar Listings
Listing Courtesy of:Steven Koleno
Agent License 3469487
Beycome Brokerage Realty
Agent License 3469487
Beycome Brokerage Realty
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21379863
Last Updated: 04/22/2024 21:04
MLS #21379863
Last Updated: 04/22/2024 21:04