573 Davis DrRoanokeAL36274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 573 Davis Dr, Roanoke, AL, 36274 listed at $220,000 pairs $2,513/mo rent with a $1,077/mo payment to leave $1,271/mo cash flow. Total monthly income runs $2,513/mo, and annual cash flow reaches $15,252/yr on $72,930 cash to close. Return on cash invested measures 40.82% in year one, and rental yield registers 13.71% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 214.26% and total cumulative return in cash totals $156,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,513/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
3 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandy Jones • South Home Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21395512
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.