1178 County Road 358 GrvGroveoakAL35975
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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 Groveoak at 1178 County Road 358 Grv, Groveoak, AL, 35975 generates $0/mo in rent, after a $558/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -0.52% in year one, and rental yield is 0% on a $114,000 entry. Equity gained on principal adds $736/yr, while 5% annual appreciation builds toward $31,496 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35975, Groveoak, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 495 (100%) |
| Owner Occupied HU | 364 (73.5%) |
| Renter Occupied HU | 57 (11.5%) |
| Vacant Housing Units | 74 (14.9%) |
| Median Home Value | $169,886 |
| Average Home Value | $194,238 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
450
Multi-Family
0
Businesses
5
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No similar rental properties found nearby.
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Listed by: Tara Bethune • Re/Max Guntersville
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886847
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