112 2nd AveGrove HillAL36451
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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 Grove Hill at 112 2nd Ave, Grove Hill, AL, 36451 listed at $169,900 pairs $1,359/mo rent with a $832/mo payment to leave $400/mo cash flow. Total monthly income runs $1,359/mo, and annual cash flow reaches $4,795/yr on $56,322 cash to close. Return on cash invested measures 28.42% in year one, and rental yield registers 9.6% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 147.82% and total cumulative return in cash totals $83,258. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,359/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36451, Grove Hill, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,236 (100%) |
| Owner Occupied HU | 1,494 (66.8%) |
| Renter Occupied HU | 389 (17.4%) |
| Vacant Housing Units | 353 (15.8%) |
| Median Home Value | $160,606 |
| Average Home Value | $180,868 |
Housing Distribution
Address Breakdown
Residential
1,892
Single Family
1,892
Multi-Family
0
Businesses
226
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Listed by: Sam Zalowitz • POPES REAL ESTATE LLC
Mls Name: My State MLS
Mls ID: #11562489