6927 Grey Hill 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
Rental property for sale in West Blocton at 6927 Grey Hill Rd, West Blocton, AL, 35184 priced at $316,000 converts $1,261/mo rent into after a $1,547/mo obligation. Total monthly income equals $1,261/mo. Return on cash invested prints 13.92% in year one, and rental yield reads 4.79% against a $316,000 entry. Equity gained on principal adds $2,039/yr, while 5% annual appreciation compiles into $87,305 by year five. Five-year ROI reaches 69.99% and total cumulative return in cash sums $73,315. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,261/mo property income covering a $1,547/mo payment, not borrower’s personal income.
Single Family
Built in 2002
4.97 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: Anna Calhoun • Epique Inc
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402002
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.