490 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
Investment property for sale in Roanoke at 490 Twin Lakes Dr, Roanoke, AL, 36274 with 5% annual appreciation on a $219,500 basis while $1,925/mo rent supports operations. Total monthly income totals $1,925/mo and a $1,074/mo payment preserves $686/mo for cash returns. Annual cash flow comes to $8,236/yr on $72,764 deployed, and return on cash invested reaches 31.23% in year one. Equity gained on principal adds $1,416/yr, and five-year appreciation sums $60,644 alongside rental yield of 10.52%. Five-year ROI measures 162.85% and total cumulative return in cash totals $118,498.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,925/mo property income versus a $1,074/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
4.01 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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Listed by: Nikki Blackmon • Southern Roots Realty Group LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416375
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.