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About This Home

This 3-bedroom, 2-bathroom single family at 5313 TERRACE AVENUE in Fairfield, AL is listed for $69,000. Built in 1955, on a 0.14 acres lot.

Agent Description

GREAT INVESTMENT OPPORTUNITY!!! This 3-bedroom, 2-bath single-family home is a solid investment opportunity in the heart of Fairfield. Tenant-occupied with consistent rental income, this property is perfect for investors seeking immediate cash flow with minimal upfront hassle. Currently, Section 8 is paying $750 per month, providing reliable and government-backed rental income.

Key Features

  • Built in 1955
  • 0.14 acre lot
  • Fireplace

Property Details

1 story
2 full
1955

Amenities

FireplaceHardwood

Monthly Cost Estimate

$369/mo

20% down · 6.5% · 30 years

Principal$50
Interest$299
Insurance$20

Estimates only. Actual payments may vary.

Location

5313 TERRACE AVENUE

Fairfield, AL 35064

Englewood

Features & Amenities

Interior Features

Tub/Shower Combo

Property Details

Flooring

CarpetHardwood

Parking

Driveway

Heating

CentralFireplace(s)

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 5313 TERRACE AVENUE is listed at $69,000. The estimated monthly payment is $299 based on 20% down at 6.5% interest.

Key features include: Built in 1955, 0.14 acre lot, Fireplace. Interior Features: Tub/Shower Combo.

This property is listed by Josh Vernon and can be reached at 2052064334 or listings@joshvernon.com.

JV

Josh Vernon

Agent at Keller Williams Realty Vestavia

(205) 206-4334

Listed by Keller Williams Realty Vestavia · View on Broker Site

MLS# 21417217· Source: listhub· Updated 399 days ago

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5313 TERRACE AVENUE, Fairfield, AL 35064

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