35 Collins Road

With the mortgage buy-down that is offered the monthly payments including insurance and taxes would be approximately 1450 less than the cost of renting. For an investor the property shows a positive cash flow from day one, even before including the tax benefits. Investor Opportunity or Perfect First Home! This 3 bedroom, 1 bath ranch offers an excellent opportunity for an investor or first time homeowner. Situated on a level 1 acre lot, there's plenty of room to enjoy the outdoors, with an easy opportunity to fence the yard for pets, play space, or added privacy. For investors, the home is currently tenant occupied on a month to month basis, providing immediate rental income. For a first time homeowner, the property offers the opportunity to own a home with plenty of land and room to make it your own. The location is hard to beat with it being just minutes from downtown Jasper, putting shopping, dining, schools, and local amenities close by. Whether you are looking to your investment portfolio or purchase your first home, this property offers space, convenience, and opportunity at an attractive price point. **2-1 Mortgage Rate Buydown Available!** Based on 5% down and a 30-year fixed loan, enjoy a 5.5% payment rate with payments of $1,181/month the first year, 6.5% at $1,315/month the second year, and 7.5% at $1,455/month for years 3–30. Save approximately $4,958 over the first two years! Payments include principal and interest only. Seller/lender funded buydown subject to negotiation and lender approval. Rates and terms subject to change. Contact Stewart Sadler with Neighborhood Loans.