204 S 2nd StGenevaAL36340
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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 Geneva at 204 S 2nd St, Geneva, AL, 36340 listed at $155,000 pairs $1,243/mo rent with a $759/mo payment to leave $368/mo cash flow. Total monthly income runs $1,243/mo, and annual cash flow reaches $4,413/yr on $51,383 cash to close. Return on cash invested measures 28.5% in year one, and rental yield registers 9.62% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 148.21% and total cumulative return in cash totals $76,156. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,243/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2013
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36340, Geneva, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,471 (100%) |
| Owner Occupied HU | 1,553 (62.8%) |
| Renter Occupied HU | 610 (24.7%) |
| Vacant Housing Units | 308 (12.5%) |
| Median Home Value | $127,227 |
| Average Home Value | $174,631 |
Housing Distribution
Address Breakdown
Residential
2,331
Single Family
2,331
Multi-Family
0
Businesses
343
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Listed by: Karla Howell • Wiregrass Home Team
Mls Name: WBOR
Mls ID: #552547
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.