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6235 Grange Ford Rd, Red Level, AL 36474 — $150,000 · 3bd · ~1.9% rule | OnePercent

6235 Grange Ford Rd, Red Level, AL 36474

$150,000

Home·Red Level 36474·6235 Grange Ford Rd, Red Level, AL 36474

Confirmed in the last few hours

6235 Grange Ford Rd, Red Level, AL 36474

3 bd · 2 ba · 3,090 sqft · built 1998 · Red Level · SINGLE_FAMILY·source listing ↗

$150,000

rent, three ways

OnePercent model (vv1)$2,862/mo

wide honest range — HUD/comp anchors · $600–$2,862

HUD Fair Market Rent · 36474 · 3BR$1,000/mo

Area comps median (last 90d)—

Area comps median (last 90d)

\u2014

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Covington

Flood risk indexRelatively High FEMA NRI

Median household income$44,141

Median area rent$747/mo

Median home value$113,100

the verdict

1.91%⚠vs 1.0% target

Unverified — model rent disagrees with HUD/comps

financing: 20% down · — (FRED, live) · 30yr

$150,000

1.91% · unverified

Intrinsic value · income approach

$242,969

38% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.