6021 Griffintown RdWest BloctonAL35184
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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 West Blocton at 6021 Griffintown Rd, West Blocton, AL, 35184 earns $995/mo cash flow from $2,039/mo rent with a $905/mo payment. Total monthly income totals $2,039/mo, and annual cash flow totals $11,943/yr on $61,328 capital. ROI tracks 39.38% on current figures, and rental yield reads 13.23% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 206.61% and total cumulative return in cash sums $126,711. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,039/mo property income instead of your personal income.
Manufactured
Built in 1997
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35184, West Blocton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,633 (100%) |
| Owner Occupied HU | 1,820 (69.1%) |
| Renter Occupied HU | 516 (19.6%) |
| Vacant Housing Units | 297 (11.3%) |
| Median Home Value | $142,733 |
| Average Home Value | $185,315 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,182
Multi-Family
0
Businesses
80
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Listed by: Kathy Leatherwood • Klassey Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21395984
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.