Alabama State Project

    List Price

    $450,000

    or

    Min Purchase
    Avg Price

    $150,000

    Avg Sqft

    1,261

    Avg Year Built

    1961

    FINANCIAL HIGHLIGHTS

    Rent

    Monthly Average

    $998

    Monthly Total

    $2,995

    Occupancy

    100%

    Levered IRR

    13.9%

    Cap Rate

    4.9%

    Gross Yield

    8.0%

    Net Income

    $22,228

    Appreciation

    7.6%
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    3007 Cooley Rd, BessemerAL 35022
    $185,000

    3 bd, 1.5 ba | 1,224 sqft 

    Exclusive

    7.9%

    Gross Yield

    4.9%

    Cap Rate

    Neighborhood Rating

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    2310 Steiner Ave SW, BirminghamAL 35211
    $85,000

    3 bd, 1 ba | 1,228 sqft 

    Exclusive

    Insp. Contingency

    Occupied

    9.2%

    Gross Yield

    5.5%

    Cap Rate

    Neighborhood Rating

    image0
    2722 Novel Dr, HueytownAL 35023
    $180,000

    3 bd, 2 ba | 1,332 sqft 

    Exclusive

    Occupied

    7.5%

    Gross Yield

    4.7%

    Cap Rate

    Neighborhood Rating