809 Cloverland 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
Investment property for sale in Greensboro at 809 Cloverland Dr, Greensboro, AL, 36744 uses $71,239 cash to close to unlock $10,486/yr annual cash flow and $874/mo monthly cash flow. Total monthly income runs $2,087/mo, and a $1,052/mo payment keeps the spread at $874/mo. Purchase price stands at $214,900, and rental yield measures 11.65% with $2,087/mo rent. Return on cash invested shows 34.63% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 181.07% and total cumulative return in cash records $128,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,087/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.36 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: Pride Forney • The Forney Group, LLC
Mls Name: WAMLS
Mls ID: #171095