3041 Willow Lane Dr

Montgomery, AL 36109
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3 bd, 2 ba | 1,426 sqft | Built in 1978

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,130

Total Return

$23,674

Annualized Return

10.0%

Cap Rate

6.5%

Gross Yield

9.0%

Cash Flow

$950

Appreciation

2.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,897

HOA

None

Flood Risk

Not Required

Welcome to the super cute 3041 WILLOW LANE DRIVE! This home is located in the desirable Forest Hills community! It features 3 bedrooms, 2 baths, a family room with a beautiful brick fireplace, a formal dining room area that can be converted into seating area, a brand-new HVAC unit inside and out and beautifully upgraded bathrooms. Enjoy a scenic view from the custom-built deck that overlooks the backyard. THIS HOME QUALIFIES FOR GRANT FUNDS UP TO $7,000 for those who qualify. Contact me or your favorite real estate professional to view this home today!

See more in Analysis
Michael Atkins
Harris & Atkins Real Estate LLC
AL Agent License #87309

Annual Financial Highlights

Expected Rent

$12,882

Expenses

-$2,427

Property Taxes

-$1,350

Loan Payments

-$8,155

Net Cash Flow

$950

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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Listing Courtesy of:JaMese Hawkins
Agent License 0139131
Garth Realty Group, LLC.
Certified Agent Brokerage:Michael Atkins
Harris & Atkins Real Estate LLC
AL Brokerage License 94525
SourceMontgomery Area AOR (MAAR MLS)
MLS #574360
Last Updated: 04/16/2025 16:04
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