12866 Highway 43Grove 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
Rental property for sale in Grove Hill at 12866 Highway 43, Grove Hill, AL, 36451 generates $1,432/mo in rent and, after a $878/mo payment, leaves $419/mo in cash flow. Total monthly income is $1,432/mo, and annual cash flow is $5,033/yr on $59,471 invested. Return on cash invested sits at 28.37% in year one, and rental yield is 9.58% on a $179,400 entry. Equity gained on principal adds $1,158/yr, while 5% annual appreciation builds toward $49,565 over five years. Five-year ROI reaches 147.55% and total cumulative return in cash sums $87,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,432/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
2 Acres 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: Mary Jordan • Skipper Insurance & Realty
Mls Name: My State MLS
Mls ID: #11516072