111 N Highland Dr #11, Columbiana, AL 35051#
Columbiana, AL 35051 | Shelby County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 76/100 |
| Asking Price | $14,900 |
| Acreage | 1.2 acres |
| Price/Acre | $12,314/ac |
| County Median $/Ac | $44,201/ac |
| vs County Median | 27.9% |
| Days on Market | 114 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Ellis Realty |
| Listing Type | FSBA |
Motivation Signals#
- 114 days on market
- Absentee owner
| Field | Value |
|---|
| Owner | RAVEN ANDREWS |
| Mailing Address | 11901 HIGHWAY 17, MONTEVALLO, AL 35115-8718 |
| Assessed Value | $6,400 |
| Market Value | $32,000 |
| Annual Tax | $345 (2024) |
| Parcel # | 216241001022000 |
| Zoning | Residential |
| Legal | SEC/TWNSHP/RAN 24 21S 01W NBRHD: 04 COLUMBIANA (HIGHLAND DRIVE) R-1 |
Asking/Assessed Ratio: 2.33 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $7,450 | 50% |
| Standard | $8,940 | 60% |
| Conservative | $10,430 | 70% |
Owner-Finance Projections#
Based on buying at $8,940 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $22,350 |
| Down Payment (15%) | $3,352 |
| Financed Amount | $18,998 |
| Monthly Payment | $315 |
| Total Cash Received | $29,845 |
| Total Invested | $9,340 |
| Gross Profit | $20,505 |
| ROI | 220% |
Due Diligence Links#