68 W Bank RdPickensvilleAL35447
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
Rental property for sale in Pickensville at 68 W Bank Rd, Pickensville, AL, 35447 generates $1,487/mo in rent and, after a $597/mo payment, leaves $799/mo in cash flow. Total monthly income is $1,487/mo, and annual cash flow is $9,582/yr on $40,443 invested. Return on cash invested sits at 43.6% in year one, and rental yield is 14.63% on a $122,000 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 229.24% and total cumulative return in cash sums $92,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,487/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35447, Carrollton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 968 (61.0%) |
| Renter Occupied HU | 328 (20.7%) |
| Vacant Housing Units | 291 (18.3%) |
| Median Home Value | $153,012 |
| Average Home Value | $175,987 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,296
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A