Current Renovations
1,419 sqft | 3 Beds | 1 Bath
1021 Fairway Dr NW Huntsville AL 35816
This is a 4-bedroom, 2.5-bathroom home with a large yard. The split floorplan makes it an attractive choice for both homeowners and tenants. Cozy downstairs fireplace in the den with great natural light coming in the windows or living room upstairs looking out at the mature flowers, there is plenty of room for all.
- Built in 1952 | 0.29 acres lot
- Purchase price: $104,000
- Renovation budget: $40,000
- After repair value (ARV): $210,000
- Mortgage details: Loan amount: $160,000
- Monthly mortgage payment: ~$1,120 (including tax and insurance)
- Cash flow: ~$330/month after property management and reserves for maintenance/vacancy
1808 Oberg, Guntersville, AL 35976
If you’re looking for a great investment opportunity in Guntersville, consider this 3-bedroom, 1-bath home. With its spacious layout and potential for updates, it could serve as an excellent rental property or a cozy private residence. The growing demand for rentals in the area makes it a smart choice for investors. Plus, it’s close to local amenities and attractions, enhancing its appeal to potential tenants or homeowners. Don’t miss out on the chance to capitalize on this promising property!
- Built in 1950 | 6,969 sqft
- Purchase price: $65,500 (with seller covering closing)
- Renovation budget: $40,000 ($11,000 contingency for unexpected issues)
- After repair value (ARV): $150,000 - $160,000
- Expected sale price: $150,000
- Projected profit: ~$40,000 (pre-tax)
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