1108 Richard Rd Mobile, AL 36618

3/1 Rent Ready!

3/1 Woodhouse on a slab. Quiet neighborhood. Kitchen and bathroom in good shape. This house is rent ready! It has a 1 car garage and shop in the back with covered areas on either side for boat storage or a seating area. Multiple fruit trees on the property. This is a great spot! Will make a really solid rental property!

Roof: 8 years
AC: 8 years
Lot: 0.2 Acres

Est ARV: $75,000
Est Reno: $10,000
Est Rent: $950
NOI: $9,745
COC ROI: 19.1%
CAP RATE: 24.36%

YOU SHOULD INDEPENDENTLY VERIFY ALL FACTS, FIGURES, REPAIR ESTIMATES, ARV’S, RENTAL AMOUNTS, PROPERTY FEATURES, AND MEASUREMENTS. ALL PROPERTIES ARE SOLD AS-IS, WHERE-IS. IRBY LLC/Irby Home Buyers, LLC has an assignable purchase agreement or other ownership interest in the property above. We are investors exploring the possibility of assigning our purchase contract with the seller, selling our interest in the property or doing a double close transaction. All deals and offers are subject to IRBY LLC/Irby Home Buyers, LLC getting marketable title. Member and manager of IRBY LLC and IRBY Home Buyers, LLC is a licensed Alabama Real Estate Agent.



ID : 14846
Property Type : House
Purpose : Sell
Status : Available
Bedrooms : 3
Bathrooms : 1
Address : 1108 Richard Rd
State : AL
Zip Code : 36618
City : Mobile