1701 Fosters Ferry Rd

Tuscaloosa, AL 35401
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3 bd, 1 ba | 984 sqft | Built in 1944

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List Price
$72,900

Initial Investment

$19,865

Purchase Price

$72,900

Down Payment

25%

Rent

$1,030

Total Return

$45,618

Annualized Return

34.2%

Cap Rate

12.1%

Gross Yield

17.0%

Cash Flow

$4,160

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,270

HOA

None

Flood Risk

Not Required

This corner lot cutie is waiting for the right investor to get her back to her former beauty.
Vacant, go and show

See more in Analysis
John Randall
Keller Williams Realty, Tuscaloosa Realty Partners LLC
AL Agent License #000093705

Annual Financial Highlights

Expected Rent

$11,742

Expenses

-$3,259

Property Taxes

-$360

Loan Payments

-$3,963

Net Cash Flow

$4,160

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:Talisa Tave
Southern Homes of Tuscaloosa, Inc
Certified Agent Brokerage:John Randall
Keller Williams Realty, Tuscaloosa Realty Partners LLC
AL Brokerage License 107531-0
SourceWest Alabama MLS
MLS #162206
Last Updated: 04/18/2024 19:04
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