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$ 60,000
Est. payment | /mo
3 Beds
1 Bath
936 SqFt
$ 60,000
Est. payment | /mo
3 Beds
1 Bath
936 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 936 sqft
Price per Sqft $64
MLS Listing ID 12038244
Bedrooms 3
Full Baths 1
Year Built 1950
Annual Tax Amount $310
Tax Year 2024
Property Description
TURNKEY RENTAL ASSET: 11% GROSS YIELD & ~7.7%-8.3% CAP RATE UNDER $60K! Immediate cash flow awaits with this turnkey single-family rental in the established Sunnyslope neighborhood of Opp! Perfect for investors seeking high returns and steady passive income, this low-maintenance property features an in-place tenant paying $550/month with zero vacancy downtime from day one.Layout: Functional 936 sq. ft. layout offering 3 bedrooms and 1 full bath.Lot & Grounds: Situated on a generous 0.21-acre parcel with ample yard space and room to add value.Low Overhead: Favorable Covington County ad valorem property tax basis (historically under $300/year), maximizing your net operating returns.
Location
State AL
County Covington County
Rooms
Dining Room 0
Kitchen 0
Building
Sewer Municipal
Structure Type Frame
Nearby Locations
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LPT Network Realty