2179 Upper Wetumpka Rd

Montgomery, AL 36107
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2 bd, 1.5 ba | 1,200 sqft | Built in 1981

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For Sale

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Cash Only

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List Price
$55,678

Initial Investment

$56,513
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$55,678

Down Payment

100%

Rent

$550

Total Return

$29,051

Annualized Return

9.7%

Cap Rate

7.7%

Gross Yield

11.9%

Cash Flow

$3,902

Appreciation

3.8%
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Features

Occupancy

Occupied

Lease Start

06/01/2022

Lease End

05/31/2023

Lot Size

2,799

HOA

None

Flood Risk

Not Required

  • Please toggle between current and market rent to see an increase in cap rate and cash flow
  • Tenant pays for the following utilities: Gas, Electric, Water, Garbage, Landscaping
  • Get more insight into this market here

See more in Analysis

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Annual Financial Highlights

Expected Rent

$6,270

Expenses

-$1,868

Property Taxes

-$500

Loan Payments

$0

Net Cash Flow

$3,902

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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