206 Rock Mills RdRoanokeAL36274
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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
Rental property for sale in Roanoke at 206 Rock Mills Rd, Roanoke, AL, 36274 offers $1,333/mo rent that, after a $756/mo payment, leaves $461/mo cash flow. Total monthly income is $1,333/mo, and annual cash flow is $5,533/yr on $51,217 cash. Return on cash invested measures 30.71% in year one, and rental yield stands at 10.35% at a $154,500 entry. Equity gained on principal adds $997/yr while 5% annual appreciation compounds into $42,686 by year five. Five-year ROI records 160.17% and total cumulative return in cash reaches $82,035. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,333/mo property income versus a $756/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.69 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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