6230 Ard Creek 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 6230 Ard Creek Rd, Red Level, AL, 36474 generates $1,544/mo in rent and, after a $967/mo payment, leaves $429/mo in cash flow. Total monthly income is $1,544/mo, and annual cash flow is $5,147/yr on $65,471 invested. Return on cash invested sits at 27.77% in year one, and rental yield is 9.38% on a $197,500 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation builds toward $54,566 over five years. Five-year ROI reaches 144.29% and total cumulative return in cash sums $94,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,544/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.93 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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