3414 Deerfield Road, Huntsville, AL 35810

4 Bedroom 2 Bath $900 Rent!

This fantastic four sided brick home was built in 1977 and has approximately 1,342 square feet according to tax records.  With all new windows, a new roof, new hvac system and hot water heater this home is in excellent shape.  The home has tiled floors in the kitchen and bath, and the bathroom has been updated  in the recent past, much of the lighting has also been updated.  This home will receive new paint, and we are adding a closet in what will be the fourth bedroom.  Right now we are considering the addition of a second bathroom in what will be the fourth bedroom.  The pride of ownership on this street is excellent for the price point, but comparable sales in this neighborhood are lower and not renovated to this standard.  Appraisers typically don’t give value for new windows, hvac, roof or hot water heater as long as they are functional, but it sure makes a difference to you as an investor when you don’t have to worry about deferred maintenance eating into your cash flow.  Anticipate the possibility of having to come to the closing table with a little more cash out of pocket on this transaction if the appraiser doesn’t credit this home for all of the new work that has been done.  This price point is excellent entry point in Huntsville, Alabama, a market that is experiencing strong job and population growth.  The cash flow on this income producing turn key property should be excellent!    Buying from the largest Alabama Turn Key Provider, and the only company that has properties in Huntsville, Birmingham and Montgomery makes great sense!  We expect this home to rent for $900 per month and it beats the 1% rule.  The current tenant moves out in a week and that’s when the next round of renovation will begin.  We will shoot a 3D tour and professional photos once renovation is complete.

Property Details

Price: $87,000
Address: 3414 Deerfield Road
City: Huntsville
State: AL
ZIP: 35810
MLS #:
Square Feet: 1,342
Bedrooms: 4
Bathrooms: 2
Basement:

Additional Features:

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3D Property Tour

The following is a sample property recently finished by our renovation teams. As this property is not yet renovated, we cannot show you a finished tour, yet. The property shown below is representative of our work and commitment to detail.

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