0 County Road 6631BanksAL36005
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Banks at 0 County Road 6631, Banks, AL, 36005 offers a 1.55% rental yield on a $810,000 purchase with $1,043/mo rent. 17% in year one. Equity gained on principal adds $5,227/yr while 5% annual appreciation supports $223,788 over five years. Portfolio math shows five-year ROI at 17.68% and total cumulative return in cash at $47,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,043/mo property income against a $3,965/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
179 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36005, Banks, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 630 (68.3%) |
| Renter Occupied HU | 134 (14.5%) |
| Vacant Housing Units | 159 (17.2%) |
| Median Home Value | $191,667 |
| Average Home Value | $224,933 |
Housing Distribution
Address Breakdown
Residential
942
Single Family
942
Multi-Family
0
Businesses
60
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