17958 April Leigh Cir

Vance, AL 35490
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4 bd, 2.5 ba | 2,339 sqft | Built in 2023

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List Price
$294,900

Initial Investment

$80,360

Purchase Price

$294,900

Down Payment

25%

Rent

$2,440

Total Return

$122,849

Annualized Return

22.2%

Cap Rate

7.3%

Gross Yield

9.9%

Cash Flow

$5,209

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Ask about our interest rates (AS LOW AS 5.75%) AND seller contribution towards closing costs up to $5,000 and $1,000 pre-paids through builder preferred lender! Home includes fenced in backyard, all appliances, blinds, a brick front, and luxury vinyl planking throughout. Come see this beautiful Galen floorplan! This beautiful yet efficient two-level home provides a large living room, 4 very spacious bedrooms, and 2.5 bathrooms. The integration of the kitchen, breakfast area, and great room is open and designed with fun family gatherings in mind. The kitchen features stainless steel appliances and granite counter tops. The primary bedroom is your own private getaway with a luxurious bath, boasting a separate shower and soaking garden tub with a large walk-in closet. Quality materials and workmanship throughout, with superior attention to detail. Your home also includes our smart home technology package!

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

Annual Financial Highlights

Expected Rent

$27,816

Expenses

-$4,375

Property Taxes

-$2,200

Loan Payments

-$16,032

Net Cash Flow

$5,209

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:Mellanie Wright
DHI Realty of Alabama
Certified Agent Brokerage:John Randall
Keller Williams Realty, Tuscaloosa Realty Partners LLC
AL Brokerage License 107531-0
SourceGreater Alabama MLS
MLS #21383251
Last Updated: 04/20/2024 00:04
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