940 Kirk StRoanokeAL36274
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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 940 Kirk St, Roanoke, AL, 36274 at $165,000 posts ROI 27.44% with $343/mo cash flow from $1,275/mo rent. Total monthly income equals $1,275/mo, and annual cash flow records $4,119/yr on $54,698 to close. Return on cash invested measures 27.44% and rental yield reads 9.27% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 142.6% and total cumulative return in cash totals $77,999.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,275/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.40 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: Rhett Kirby • Hunter Bend Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407175
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.