107 Redbud LnGreenvilleAL36037
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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 Greenville at 107 Redbud Ln, Greenville, AL, 36037 uses $49,692 cash to close to unlock $4,807/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $1,247/mo, and a $734/mo payment keeps the spread at $401/mo. Purchase price stands at $149,900, and rental yield measures 9.98% with $1,247/mo rent. Return on cash invested shows 29.58% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 154.07% and total cumulative return in cash records $76,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,247/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36037, Greenville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,508 (100%) |
| Owner Occupied HU | 3,388 (52.1%) |
| Renter Occupied HU | 2,071 (31.8%) |
| Vacant Housing Units | 1,049 (16.1%) |
| Median Home Value | $133,004 |
| Average Home Value | $166,742 |
Housing Distribution
Address Breakdown
Residential
5,809
Single Family
5,665
Multi-Family
144
Businesses
678
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Listed by: Regina Gorum • Unique Southern Properties
Mls Name: My State MLS
Mls ID: #11467698