209 S Greenwood 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 209 S Greenwood St, Geneva, AL, 36340 uses $53,703 cash to close to unlock $4,074/yr annual cash flow and $340/mo monthly cash flow. Total monthly income runs $1,254/mo, and a $793/mo payment keeps the spread at $340/mo. Purchase price stands at $162,000, and rental yield measures 9.29% with $1,254/mo rent. Return on cash invested shows 27.5% in year one, and 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 142.84% and total cumulative return in cash records $76,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,254/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.33 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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