2735 County Road 6636BanksAL36005
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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 Banks at 2735 County Road 6636, Banks, AL, 36005 generates $3,307/mo in rent, after a $2,902/mo payment. Total monthly income is $3,307/mo. Return on cash invested sits at 19.82% in year one, and rental yield is 6.69% on a $593,000 entry. Equity gained on principal adds $3,827/yr, while 5% annual appreciation builds toward $163,835 over five years. Five-year ROI reaches 101.61% and total cumulative return in cash sums $198,238. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,307/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
45 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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