7963 County Road 59RoanokeAL36274
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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 Roanoke at 7963 County Road 59, Roanoke, AL, 36274 offers a 8.5% rental yield on a $114,900 purchase with $814/mo rent. Total monthly income registers $814/mo, and a $562/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,990/yr on $38,089 to close, and return on cash invested stands at 25.13% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 130.12% and total cumulative return in cash at $49,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $814/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
1 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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