35215 Hesters Store RdRed LevelAL36474
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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 Red Level at 35215 Hesters Store Rd, Red Level, AL, 36474 generates $0/mo in rent, after a $563/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -0.53% in year one, and rental yield is 0% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36474, Red Level, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 945 (64.3%) |
| Renter Occupied HU | 210 (14.3%) |
| Vacant Housing Units | 314 (21.4%) |
| Median Home Value | $150,248 |
| Average Home Value | $191,788 |
Housing Distribution
Address Breakdown
Residential
1,250
Single Family
1,250
Multi-Family
0
Businesses
34
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No similar rental properties found nearby.
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Listed by: Karen Polanco • Draftstone Properties, LLC
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25389
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.