931 Good Hope RdGrove HillAL36451
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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 Grove Hill at 931 Good Hope Rd, Grove Hill, AL, 36451 priced at $459,700 pairs $2,843/mo rent with $248/mo cash flow after a $2,250/mo payment. Total monthly income equals $2,843/mo, and annual cash flow comes to $2,979/yr on $152,391 invested. Return on cash invested is 21.86% in year one, and rental yield stands at 7.42% on a $459,700 basis. Equity gained on principal adds $2,966/yr, and 5% annual appreciation accumulates to $127,007 by year five. Five-year ROI measures 112.62% and total cumulative return in cash reaches $171,627. For financing, Ziffy Mortgage’s DSCR program evaluates $2,843/mo property income against a $2,250/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36451, Grove Hill, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,236 (100%) |
| Owner Occupied HU | 1,494 (66.8%) |
| Renter Occupied HU | 389 (17.4%) |
| Vacant Housing Units | 353 (15.8%) |
| Median Home Value | $160,606 |
| Average Home Value | $180,868 |
Housing Distribution
Address Breakdown
Residential
1,892
Single Family
1,892
Multi-Family
0
Businesses
226
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Listed by: N/A • N/A
Mls Name: National Land Realty
Mls ID: #N/A