19174 Old Highway 84Grove 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
Investment property for sale in Grove Hill at 19174 Old Highway 84, Grove Hill, AL, 36451 uses $96,135 cash to close to unlock $1,542/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $1,419/mo payment keeps the spread at $129/mo. Purchase price stands at $290,000, and rental yield measures 7.3% with $1,765/mo rent. Return on cash invested shows 21.51% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 110.75% and total cumulative return in cash records $106,468. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1968
20 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: Julia Brooks • Village Properties
Mls Name: NY State MLS
Mls ID: #11513368