203 Thames StGreenvilleAL36037
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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 Greenville at 203 Thames St, Greenville, AL, 36037 with 5% annual appreciation on a $109,000 basis while $865/mo rent supports operations. Total monthly income totals $865/mo and a $534/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,991/yr on $36,134 deployed, and return on cash invested reaches 28.19% in year one. Equity gained on principal adds $703/yr, and five-year appreciation sums $30,115 alongside rental yield of 9.52%. Five-year ROI measures 146.65% and total cumulative return in cash totals $52,990.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $865/mo property income versus a $534/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A 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
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Listed by: Regina Gorum • SmallTown Hunting Properties & Real Estate LLC
Mls Name: My State MLS
Mls ID: #11581387