6932 Bowden RdHonoravilleAL36042
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 6932 Bowden Rd, Honoraville, AL, 36042 in Honoraville is priced for capital growth, not immediate cash flow. The $159,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $44,177 by year five, with $1,340/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Manufactured
Built in 2023
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36042, Honoraville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 438 (66.7%) |
| Renter Occupied HU | 117 (17.8%) |
| Vacant Housing Units | 102 (15.5%) |
| Median Home Value | $126,471 |
| Average Home Value | $148,151 |
Housing Distribution
Address Breakdown
Residential
640
Single Family
640
Multi-Family
0
Businesses
15
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: N/A • N/A
Mls Name: MAAR
Mls Provider:
Mls ID: #590160
