6621 Highway 36DanvilleAL35619
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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 Danville at 6621 Highway 36, Danville, AL, 35619 uses $52,046 cash to close to unlock $6,267/yr annual cash flow and $522/mo monthly cash flow. Total monthly income runs $1,408/mo, and a $768/mo payment keeps the spread at $522/mo. Purchase price stands at $157,000, and rental yield measures 10.76% with $1,408/mo rent. Return on cash invested shows 31.95% in year one, and 5% annual appreciation builds toward $43,376 over five years. Five-year ROI reaches 166.76% and total cumulative return in cash records $86,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,408/mo property income covering a $768/mo payment rather than investor’s personal income.
Single Family
Built in 1985
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35619, Danville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,847 (76.3%) |
| Renter Occupied HU | 354 (14.6%) |
| Vacant Housing Units | 219 ( 9.0%) |
| Median Home Value | $251,798 |
| Average Home Value | $251,569 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
2,165
Multi-Family
0
Businesses
66
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