428 Oakdale AveGenevaAL36340
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
Investment Highlights
Investment property for sale in Geneva at 428 Oakdale Ave, Geneva, AL, 36340 listed at $198,000 pairs $1,537/mo rent with a $969/mo payment to leave $420/mo cash flow. Total monthly income runs $1,537/mo, and annual cash flow reaches $5,034/yr on $65,637 cash to close. Return on cash invested measures 27.58% in year one, and rental yield registers 9.32% at a $198,000 basis. Equity gained on principal adds $1,278/yr, and annual property appreciation at 5% supports $54,704 by year five. Five-year ROI tracks 143.29% and total cumulative return in cash totals $94,048. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,537/mo property income relative to a $969/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.77 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DWAYNE BOWMAN • WEICHERT REALTORS JBR LEGACY GROUP
Mls Name: Wiregrass BOR
Mls ID: #553480
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.