Broad StGreenvilleAL36037
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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 Greenville at Broad St, Greenville, AL, 36037 priced at $130,000 converts $1,200/mo rent into $467/mo cash flow after a $636/mo obligation. Total monthly income equals $1,200/mo, and annual cash flow totals $5,598/yr on $43,095 invested. Return on cash invested prints 32.9% in year one, and rental yield reads 11.08% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 171.81% and total cumulative return in cash sums $74,043. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in N/A
40 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
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Listed by: Mike Hutcheson • Great Southern Land, LLC
Mls Name: REALSTACK
Mls ID: #92442