1415 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 1415 Erwin St, Greensboro, AL, 36744 earns $302/mo cash flow from $2,780/mo rent with a $2,149/mo payment. Total monthly income totals $2,780/mo, and annual cash flow totals $3,621/yr on $145,529 capital. ROI tracks 22.4% on current figures, and rental yield reads 7.6% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 115.46% and total cumulative return in cash sums $168,032. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,780/mo property income instead of your personal income.
Single Family
Built in 1886
8 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: Kay Beckett • Bill Mackey Real Estate
Mls Name: Blackbelt MLS
Mls ID: #25-53