69 Wilbanks RdGrantAL35747
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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 Grant at 69 Wilbanks Rd, Grant, AL, 35747 uses $92,489 cash to close to unlock $6,069/yr annual cash flow and $506/mo monthly cash flow. Total monthly income runs $2,081/mo, and a $1,366/mo payment keeps the spread at $506/mo. Purchase price stands at $279,000, and rental yield measures 8.95% with $2,081/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 137.32% and total cumulative return in cash records $127,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,081/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35747, Grant, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 2,058 (69.8%) |
| Renter Occupied HU | 463 (15.7%) |
| Vacant Housing Units | 429 (14.5%) |
| Median Home Value | $289,329 |
| Average Home Value | $335,220 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,726
Multi-Family
26
Businesses
116
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Listed by: Stephanie Schrimsher • RE/MAX Alliance
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886453
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