3789 Mobile RdGreenvilleAL36037
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3789 Mobile Rd, Greenville, AL, 36037 in Greenville earns a 9.82% gross yield at $154,000. Rent of $1,219/mo nets $391/mo after the $692/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $42,547 and $1,418/yr in equity accumulation project a total cumulative return of $80,606.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.0% |
| Monthly Cash Flow | $391 | $300 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,219 |
| Total Monthly Debt Service | $808 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
1.14 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1970
1.14 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer L Bass • Coldwell Banker 1st Choice Realty
Mls Name: Covington AOR
Mls Provider:
Mls ID: #24132
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.