235 Burnett 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 235 Burnett St, Greenville, AL, 36037 at $108,000 posts ROI 27.95% with $240/mo cash flow from $850/mo rent. Total monthly income equals $850/mo, and annual cash flow records $2,880/yr on $35,802 to close. Return on cash invested measures 27.95% and rental yield reads 9.44% at the current $108,000. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 by year five. Five-year ROI prints 145.25% and total cumulative return in cash totals $52,004.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $850/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.61 Acres 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: Wesley L. Herrington • We Shine Realty Experts, LLC.
Mls Name: MAAR
Mls ID: #582722