809 7th AveGenevaAL36340
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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 Geneva at 809 7th Ave, Geneva, AL, 36340 priced at $124,900 converts $954/mo rent into $249/mo cash flow after a $611/mo obligation. Total monthly income equals $954/mo, and annual cash flow totals $2,992/yr on $41,404 invested. Return on cash invested prints 27.14% in year one, and rental yield reads 9.17% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 140.96% and total cumulative return in cash sums $58,366. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $954/mo property income covering a $611/mo payment, not borrower’s personal income.
Manufactured
Built in 1988
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36340, Geneva, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,471 (100%) |
| Owner Occupied HU | 1,553 (62.8%) |
| Renter Occupied HU | 610 (24.7%) |
| Vacant Housing Units | 308 (12.5%) |
| Median Home Value | $127,227 |
| Average Home Value | $174,631 |
Housing Distribution
Address Breakdown
Residential
2,331
Single Family
2,331
Multi-Family
0
Businesses
343
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Listed by: KEVIN E OWENS • Simply South Realty LLC
Mls Name: WBOR
Mls ID: #550458
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.