Public buyers of real estate investments are frustrated by the few excellent investments available to them. A significant source of potential investments with demonstrated high returns can be found in the local holdings of private investors.
For example, a significant return on investment can be seen in this current property for sale in Montgomery, Alabama.
3 bedroom, 2 bath home in Montgomery, Alabama. 3009 Susan Drive, Montgomery, AL 36116. 1364 sq. ft; 3 bedroom / 2 bath, Brick and stucco outside
Neat and tidy neighborhood: Montwood Estates
Large 9,418 sq. ft. lot with privacy fence
Home Warranty is included! Microwave, fridge, range, rangehood, washing machine. Central Air & Heat
Comparative Market Value: $83,000 Buy now at: $68,800
Appraised at $82,000 on 2/20/2007 by Jennifer Petty before the rehab was complete.
Legal Description: MONTWOOD ESTATES PLAT 4C LOT 22 BLK M PLAT BK 028 PAGE 046.
Benefits. Appreciating neighborhood, reliable tenant in place earning the owner a gross income of $725 per month, with mortgages available at less than $400 per month.
A net return of $325 per month ($3,900 yearly) on an investment of 10% down ($6,880) is 56.6% per year. If you have excellent credit, you might be able to get a loan at less than $400 per month!
This pretty home was completely refurbished in 2007 with all-new appliances, new heating/cooling system, updated kitchen, new windows, new carpet, new paint, new fixtures, new plumbing, wired alarm system, and architectural grade shingles. Full home warranty includes appliances!
This neighborhood is solid middle-income, with long-term owners and much attractive landscaping.
Taxes are $416/year; insurance $439/year
============ Comparable Sales on similar homes sold within 1 mile.
This neighborhood demonstrates what a great investment this property will be. 56.6% per year return on investment! ======================= For more information on purchasing an investment like this, please contact Jon Gresham, Heart of Dixie REI.
Email: intl@securenym.net
Please include a subject line of "Susan Drive Investment."
Telephone: 334-300-2109 http://www.Heart-Dixie.com
JON GRESHAM. Ph.D. European Research Centre On Migration & Ethnic Relations, Netherlands. Dr. Gresham initiates, supports, and assesses human factors in multi-cultural business development training and social networking projects. His motivation is a passion for research and analysis, integrated with personal coaching of project leaders and trainers. He is a popular collegiate speaker on preparing for global work in multicultural teams.
Ph.D. Texas A &M University, 1986. Dr. Gresham's areas of expertise: social networks of indigenous and immigrant peoples in the USA, Europe and the Middle East; corporate intrapreneuring; wiki-based communications systems; migrant entrepreneurship; internet-based recruitment & training of cross-cultural personnel; Iran-American bi-lateral education and cultural exchanges; 23 professional publications and presentations (partial list at ERCOMER.EU faculty website, University of Utrecht, Netherlands).
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