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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Roanoke at 206 W Point St, Roanoke, AL, 36274 listed at $185,000 pairs $1,500/mo rent with a $905/mo payment to leave $456/mo cash flow. Total monthly income runs $1,500/mo, and annual cash flow reaches $5,475/yr on $61,328 cash to close. Return on cash invested measures 28.84% in year one, and rental yield registers 9.73% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 150.04% and total cumulative return in cash totals $92,019. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36274, Roanoke, AL area.
| 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 |
Residential
4,567
Single Family
4,518
Multi-Family
49
Businesses
443
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Sold | $185,000 |
| 2025-07-17 | Pending sale | $199,000 |
| 2025-06-18 | Price change | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: PAMELA JOHNSON • EXP REALTY, LLC
Mls Name: LCMLS
Mls ID: #172125
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.
