431 Edgemont Dr NW

Huntsville, AL 35811
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3 bd, 2 ba | 1,556 sqft | Built in 1961

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For Sale

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List Price
$175,250

Initial Investment

$47,756
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$175,250

Down Payment

25%

Rent

$1,300

Total Return

$94,926

Annualized Return

24.8%

Cap Rate

6.0%

Gross Yield

8.9%

Cash Flow

$313

Appreciation

9.0%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

11,761

HOA

None

Flood Risk

Not Required

New Listing. Home Features a Freshly Painted Exterior and Interior of the Home. 3 Bedrooms, Two Baths, One Car Garage. Family Rm opens to Large Dining / Breakfast Area with French Doors to the Huge Fenced and Treed Back Yard. The Large Kitchen is perfect for Island. Huge Recreation Room / Second Family Room, Big Laundry Room with Additional Storage Area. All wood flooring through out home. There is no carpet. Ready for the New Homeowner to Call Home. Priced Below Market and Will Sell Very Quickly!

See more in Analysis
Stacy Bell
Re Vision Unlimited LLC Dba RE/MAX Unlimited
AL Agent License #99464

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Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$3,402

Property Taxes

-$1,577

Loan Payments

-$9,528

Net Cash Flow

$313

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.

Similar Listings



Listing Courtesy of:Victor Englert
Agent License 43472
CRYE-LEIKE REALTORS - Hsv
Certified Agent Brokerage:Stacy Bell
Re Vision Unlimited LLC Dba RE/MAX Unlimited
AL Brokerage License 117474
SourceHuntsville Area Association of Realtors
MLS #1823087
Last Updated: 11/22/2022 05:11
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