300 N Jackson StGrove 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
Rental property for sale in Grove Hill at 300 N Jackson St, Grove Hill, AL, 36451 offers $792/mo rent that, after a $489/mo payment, leaves $228/mo cash flow. Total monthly income is $792/mo, and annual cash flow is $2,736/yr on $33,150 cash. Return on cash invested measures 28.16% in year one, and rental yield stands at 9.5% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 146.36% and total cumulative return in cash reaches $48,520. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $792/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.51 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: Lisa Rowland • WILSON REAL ESTATE LLC
Mls Name: My State MLS
Mls ID: #11599404