78 Millwood RdGreensboroAL36744
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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 Greensboro at 78 Millwood Rd, Greensboro, AL, 36744 uses $66,267 cash to close to unlock $1,537/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $1,256/mo, and a $978/mo payment keeps the spread at $128/mo. Purchase price stands at $199,900, and rental yield measures 7.54% with $1,256/mo rent. Return on cash invested shows 22.23% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 114.63% and total cumulative return in cash records $75,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,256/mo property income covering a $978/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
0.97 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: Tommy Banks • WARRIOR REAL ESTATE
Mls Name: WAMLS
Mls ID: #172116