1402 Erwin StGreensboroAL36744
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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 Greensboro at 1402 Erwin St, Greensboro, AL, 36744 listed at $284,900 pairs $2,058/mo rent with a $1,394/mo payment to leave $450/mo cash flow. Total monthly income runs $2,058/mo, and annual cash flow reaches $5,404/yr on $94,444 cash to close. Return on cash invested measures 25.63% in year one, and rental yield registers 8.67% at a $284,900 basis. Equity gained on principal adds $1,838/yr, and annual property appreciation at 5% supports $78,713 by year five. Five-year ROI tracks 132.85% and total cumulative return in cash totals $125,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,058/mo property income relative to a $1,394/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36744, Greensboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 1,895 (58.5%) |
| Renter Occupied HU | 863 (26.6%) |
| Vacant Housing Units | 483 (14.9%) |
| Median Home Value | $153,021 |
| Average Home Value | $220,840 |
Housing Distribution
Address Breakdown
Residential
2,838
Single Family
2,791
Multi-Family
47
Businesses
271
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Listed by: N/A • N/A
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