102 Baker DrCrossvilleAL35962
INVESTMENT ANALYSIS
Investment Verdict
Solid Income102 Baker Dr, Crossville, AL, 35962 in Crossville is a solid income-producing rental, 9.63% gross yield, $2,046/mo rent, $607/mo net cash flow on a $255,000 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $70,452 and $2,349/yr in principal reduction project a total cumulative return of $135,119.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.0% |
| Monthly Cash Flow | $607 | $1,200 |
City averages based on Crossville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,046 |
| Total Monthly Debt Service | $1,338 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35962, Crossville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,924 (68.3%) |
| Renter Occupied HU | 601 (21.3%) |
| Vacant Housing Units | 291 (10.3%) |
| Median Home Value | $162,043 |
| Average Home Value | $218,842 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35962, Crossville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,924 (68.3%) |
| Renter Occupied HU | 601 (21.3%) |
| Vacant Housing Units | 291 (10.3%) |
| Median Home Value | $162,043 |
| Average Home Value | $218,842 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brock Rutledge • Canopy Realty LLC
Mls Name: ValleyMLS
Mls ID: #21888185