1533 Main StRoanokeAL36274
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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 Roanoke at 1533 Main St, Roanoke, AL, 36274 uses $50,686 cash to close to unlock $7,708/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $748/mo payment keeps the spread at $642/mo. Purchase price stands at $152,900, and rental yield measures 11.81% with $1,505/mo rent. Return on cash invested shows 35.12% in year one, and 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 183.75% and total cumulative return in cash records $93,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $748/mo payment rather than investor’s personal income.
Single Family
Built in 1915
2.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36274, Roanoke, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,275 (100%) |
| Owner Occupied HU | 2,933 (55.6%) |
| Renter Occupied HU | 1,242 (23.5%) |
| Vacant Housing Units | 1,100 (20.9%) |
| Median Home Value | $163,894 |
| Average Home Value | $199,469 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
4,518
Multi-Family
49
Businesses
443
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