Solid rental home. RentRange.com estimate at $630/mo (detailed report available.) Needs clean up, paint and light maintenance. Estimated repairs $5000-6000 to make rent ready.Purchase + repairs puts you right around $23,000. Monthly rental income of $630 represents a CAP RATE of 20% assuming a conservative 35% overhead for expenses.
Off market
$48,100
6508 Forest Dr, Fairfield, AL 35064
2beds
1baths
708sqft
SingleFamily
Built in 1950
8,712 Square Feet Lot
$-- Zestimate®
$68/sqft
$823 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced air
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 708 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 8,712 sqft
Details
- Parcel number: 3000141008015000
Construction
Type & style
- Home type: SingleFamily
Materials
- Metal
- Foundation: Wood
- Roof: Asphalt
Condition
- Year built: 1950
Community & neighborhood
Location
- Region: Fairfield