188 Stoney Point Rd S, Double Springs, AL 35553#
Double Springs, AL 35553 | Winston County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 84/100 |
| Asking Price | $7,000 |
| Acreage | 1.0 acres |
| Price/Acre | $7,000/ac |
| County Median $/Ac | $36,423/ac |
| vs County Median | 19.2% |
| Days on Market | 257 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | All Four Real Estate - Smith Lake Specialists |
| Listing Type | FSBA |
Motivation Signals#
- 257 days on market
- Price dropped $2,000
- Reduction: $2,000 (Mar 3)
- Absentee owner
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $3,500 | 50% |
| Standard | $4,200 | 60% |
| Conservative | $4,900 | 70% |
Owner-Finance Projections#
Based on buying at $4,200 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $10,500 |
| Down Payment (15%) | $1,575 |
| Financed Amount | $8,925 |
| Monthly Payment | $148 |
| Total Cash Received | $14,021 |
| Total Invested | $4,600 |
| Gross Profit | $9,421 |
| ROI | 205% |
Due Diligence Links#