719 Mickle DrRoanokeAL36274
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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 Roanoke at 719 Mickle Dr, Roanoke, AL, 36274 priced at $179,900 pairs $1,226/mo rent with $210/mo cash flow after a $881/mo payment. Total monthly income equals $1,226/mo, and annual cash flow comes to $2,521/yr on $59,637 invested. Return on cash invested is 24.14% in year one, and rental yield stands at 8.18% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 124.87% and total cumulative return in cash reaches $74,469. For financing, Ziffy Mortgage’s DSCR program evaluates $1,226/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36274, Roanoke, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,275 (100%) |
| Owner Occupied HU | 2,933 (55.6%) |
| Renter Occupied HU | 1,242 (23.5%) |
| Vacant Housing Units | 1,100 (20.9%) |
| Median Home Value | $163,894 |
| Average Home Value | $199,469 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
4,518
Multi-Family
49
Businesses
443
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Listed by: Rebekah Stowers • Countryside Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413071
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.