476 Bailey DrGreensboroAL36744
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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 Greensboro at 476 Bailey Dr, Greensboro, AL, 36744 offers $3,343/mo rent that, after a $2,275/mo payment, leaves $719/mo cash flow. Total monthly income is $3,343/mo, and annual cash flow is $8,632/yr on $154,114 cash. Return on cash invested measures 25.51% in year one, and rental yield stands at 8.63% at a $464,900 entry. Equity gained on principal adds $3,000/yr while 5% annual appreciation compounds into $128,443 by year five. Five-year ROI records 132.17% and total cumulative return in cash reaches $203,692. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,343/mo property income versus a $2,275/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36744, Greensboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 1,895 (58.5%) |
| Renter Occupied HU | 863 (26.6%) |
| Vacant Housing Units | 483 (14.9%) |
| Median Home Value | $153,021 |
| Average Home Value | $220,840 |
Housing Distribution
Address Breakdown
Residential
2,838
Single Family
2,791
Multi-Family
47
Businesses
271
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Listed by: Chelsea Jones • HAMNER REAL ESTATE
Mls Name: WAMLS
Mls ID: #172475