504 Hickory StGreenvilleAL36037
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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
Investment property for sale in Greenville at 504 Hickory St, Greenville, AL, 36037 listed at $115,000 pairs $915/mo rent with a $563/mo payment to leave $266/mo cash flow. Total monthly income runs $915/mo, and annual cash flow reaches $3,189/yr on $38,123 cash to close. Return on cash invested measures 28.27% in year one, and rental yield registers 9.55% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 146.99% and total cumulative return in cash totals $56,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $915/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
9,988 sqft 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
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Listed by: Johny Clark • Clark Realty
Mls Name: MAAR
Mls ID: #582702