0 Stoney Point Rd S, Double Springs, AL 35553#

Double Springs, AL 35553 | Winston County

Key Metrics#

MetricValue
Investment Score81/100
Asking Price$9,000
Acreage1.5 acres
Price/Acre$6,000/ac
County Median $/Ac$36,423/ac
vs County Median16.5%
Days on Market86
Flood ZoneUnknown
HOAUnknown
BrokerIntegrity Real Estate
Listing TypeFSBA

Motivation Signals#

  • Price dropped $11,000
  • Reduction: $11,000 (Jan 16)
  • Absentee owner

Owner Information (ATTOM)#

FieldValue
OwnerTHOMAS GEOFFREY COOK
Mailing Address4333 WILDERNESS RD, MOUNTAIN BRK, AL 35213-2211
Assessed Value$121,700
Market Value$633,900
Annual Tax$3,407 (2025)
Last Sale$41,000 (2017-06-13)
Parcel #67 12 08 34 0 200 024.047
ZoningResidential
LegalLOT 45 STONEY POINT LANDING PHASE 2 S34 T11 R7

Asking/Assessed Ratio: 0.07 (BELOW assessed = potential steal)

Offer Strategy#

LevelOffer Price% of Asking
Aggressive$4,50050%
Standard$5,40060%
Conservative$6,30070%

Owner-Finance Projections#

Based on buying at $5,400 (standard offer), selling at 10% interest over 7 years

MetricValue
Sale Price (2.5x)$13,500
Down Payment (15%)$2,025
Financed Amount$11,475
Monthly Payment$190
Total Cash Received$18,027
Total Invested$5,800
Gross Profit$12,227
ROI211%