Loxley, AL 💥 Ultra Rare Turnkey Subto Property with Instant Equity

Description

💥 Ultra Rare Turnkey Subto Property with Instant Equity in Loxley, AL 💥

3.125% Interest Rate – Strong LTR Cash flow with an Inground Pool & Hot Tub on a Huge Double Lot

🏡 Property Overview:

Size: 1790 Sqft

Lot Size: .65 acres (Double Corner Lot)

Year Built: 2008

Layout: 4 Bedrooms / 2 Bathrooms

HVAC: Replaced in 2023

Roof: Replaced in 2020, Certified & Fortified

HOA: No

💰 Financials:

Total Entry Fee: 45k + TC & CC

Interest Rate: 3.125%

PITI: 1,358.94 /month

Long-Term Rental (LTR) Rates: 2100 – 2400/mo

2024 Section 8 Fair Market Rent (4br): 2114/mo

Outstanding Mortgage Balance: 227,069

Total Purchase Price: 272,069

EMD: 5K

Zestimate: 323,500

Redfin Estimate: 324,529

Current Fair Market Value: 300k – 325k (Instant Equity!)

📍 Location Highlights:

Located in the Middle of 2 Metro Areas

Beach Access: 20 min

Downtown Mobile, Alabama: 30 min

Downtown Pensacola, Florida: 35 min

Pensacola International Airport: 40 min