415 Twin Lakes DrRoanokeAL36274
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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 415 Twin Lakes Dr, Roanoke, AL, 36274 priced at $139,000 converts $1,111/mo rent into $327/mo cash flow after a $680/mo obligation. Total monthly income equals $1,111/mo, and annual cash flow totals $3,921/yr on $46,079 invested. Return on cash invested prints 28.42% in year one, and rental yield reads 9.59% against a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation compiles into $38,403 by year five. Five-year ROI reaches 147.78% and total cumulative return in cash sums $68,096. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,111/mo property income covering a $680/mo payment, not borrower’s personal income.
Manufactured
Built in 2018
2.48 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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