518 Manningham RdGreenvilleAL36037
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 Greenville at 518 Manningham Rd, Greenville, AL, 36037 offers a 9.59% rental yield on a $119,000 purchase with $951/mo rent. Total monthly income registers $951/mo, and a $582/mo payment leaves $280/mo available for distribution. Annual cash flow reaches $3,357/yr on $39,449 to close, and return on cash invested stands at 28.42% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 147.76% and total cumulative return in cash at $58,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $951/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
1 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: Glenn Cooper • First Realty of Greenville
Mls Name: MAAR
Mls ID: #578108