121 Cloverhill DrGreenvilleAL36037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Greenville at 121 Cloverhill Dr, Greenville, AL, 36037 offers $1,543/mo rent that, after a $1,224/mo payment, leaves $132/mo cash flow. Total monthly income is $1,543/mo, and annual cash flow is $1,578/yr on $82,875 cash. Return on cash invested measures 21.81% in year one, and rental yield stands at 7.41% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 112.37% and total cumulative return in cash reaches $93,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,543/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.66 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glenn Cooper • First Realty of Greenville
Mls Name: MAAR
Mls ID: #579898