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About This Home
This 2-bedroom, 3-bathroom townhouse at 493 CEDAR CREST DRIVE in Hoover, AL is listed for $199,900. Built in 1985, on a 50.00 acres lot.
INVESTOR ALERT!!! Turnkey Investment Opportunity in Hoover, AL! Don’t miss this incredible opportunity to add a cash-flowing property in highly desirable Hoover to your portfolio. This 2-bedroom, 2.5-bathroom home is tenant-occupied and generating a base rental amount of $1,395/month, offering immediate income from day one.
Positioned in an area known for high-preforming schools, easy access to shopping, dining, and major freeways, this property supports strong rental demand and long-term stability. Whether you’re a seasoned investor looking to expand or just getting started, this is a strategic and rare opportunity to secure a performing asset in a thriving market.
DSCR Loan can be used for rent-ready purchase. 80% Loan to Value. Minimum 660 credit score. Tax returns and personal debt to income not required. Two most recent bank statements required. Ask listing agent for additional information.
Key Features
- Built in 1985
- 50.00 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,069/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
493 CEDAR CREST DRIVE
Hoover, AL 35216
Cedar Crest
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 3-bathroom townhouse at 493 CEDAR CREST DRIVE is listed at $199,900. The estimated monthly payment is $866 based on 20% down at 6.5% interest.
Key features include: Built in 1985, 50.00 acre lot, Fireplace. Interior Features: Linen Closet, Separate Shower, Tub/Shower Combo. Exterior Features: Storage Building, Deck.
This property is listed by Nykkiah Renee Kendall and can be reached at 2055939390 or poshpremisesrealty@gmail.com.
