408 Red Oak Ct

Montgomery, AL 36117
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4 bd, 2 ba | 2,146 sqft | Built in 1994

For Sale

Exclusive

List Price
$242,800

Initial Investment

$66,163

$

about the purchase process.
Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

19,859

HOA

None

Flood Risk

Not Required

  • Located in 4-star neighborhood just minutes from downtown Montgomery
  • Hard surfaces throughout – keeping maintenance costs low
  • Low operating costs to increase annual cash flow
  • Free 1-year home warranty through American Home Shield
  • This is a Roofstock Reserve property, our premier collection of homes owned by Roofstock. Learn more here Learn more here
See more in Analysis

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Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$4,532

Property Taxes

-$1,500

Loan Payments

-$10,432

Net Cash Flow

$2,916

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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