9944 Highway 18 EBankstonAL35542
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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 Bankston at 9944 Highway 18 E, Bankston, AL, 35542 generates $1,604/mo in rent and, after a $1,224/mo payment, leaves $193/mo in cash flow. Total monthly income is $1,604/mo, and annual cash flow is $2,310/yr on $82,875 invested. Return on cash invested sits at 22.7% in year one, and rental yield is 7.7% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 117.09% and total cumulative return in cash sums $97,042. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,604/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
5.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35542, Bankston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 368 (73.9%) |
| Renter Occupied HU | 42 ( 8.4%) |
| Vacant Housing Units | 88 (17.7%) |
| Median Home Value | $121,951 |
| Average Home Value | $192,826 |
Housing Distribution
Address Breakdown
Residential
531
Single Family
531
Multi-Family
0
Businesses
12
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Listed by: Connor Woods • 1ST Class Real Estate Heritage
Mls Name: WAMLS
Mls Provider:
Mls ID: #168452
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.