439 Old Alameda RdGrove 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 439 Old Alameda Rd, Grove Hill, AL, 36451 priced at $248,900 converts $2,159/mo rent into $754/mo cash flow after a $1,218/mo obligation. Total monthly income equals $2,159/mo, and annual cash flow totals $9,052/yr on $82,510 invested. Return on cash invested prints 30.88% in year one, and rental yield reads 10.41% against a $248,900 entry. Equity gained on principal adds $1,606/yr, while 5% annual appreciation compiles into $68,766 by year five. Five-year ROI reaches 161.01% and total cumulative return in cash sums $132,853. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,159/mo property income covering a $1,218/mo payment, not borrower’s personal income.
Single Family
Built in 1973
21.80 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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