Lots 218 And 219 Stoney Point, Double Springs, AL 35553#
Double Springs, AL 35553 | Winston County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 80/100 |
| Asking Price | $20,000 |
| Acreage | 3.2 acres |
| Price/Acre | $6,153/ac |
| County Median $/Ac | $36,423/ac |
| vs County Median | 16.9% |
| Days on Market | 300 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Joseph Carter Realty |
| Listing Type | FSBA |
Motivation Signals#
- 300 days on market
- Absentee owner
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $10,000 | 50% |
| Standard | $12,000 | 60% |
| Conservative | $14,000 | 70% |
Owner-Finance Projections#
Based on buying at $12,000 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $30,000 |
| Down Payment (15%) | $4,500 |
| Financed Amount | $25,500 |
| Monthly Payment | $423 |
| Total Cash Received | $40,060 |
| Total Invested | $12,400 |
| Gross Profit | $27,660 |
| ROI | 223% |
Due Diligence Links#