109 Locust StTuskegee InstituteAL36088
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 109 Locust St, Tuskegee Institute, AL, 36088 in Tuskegee Institute is capital appreciation. Rental yield 3.9%. The 3.9% gross yield at $239,950 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $66,294 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.72) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $53,509.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 7.2% |
| Monthly Cash Flow | $(574) | $1,200 |
City averages based on Tuskegee Institute market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $780 |
| Total Monthly Debt Service | $1,259 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1983
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36088, Tuskegee Institute, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 645 (33.5%) |
| Renter Occupied HU | 790 (41.0%) |
| Vacant Housing Units | 490 (25.5%) |
| Median Home Value | $108,848 |
| Average Home Value | $159,973 |
Housing Distribution
Address Breakdown
Residential
1,276
Single Family
1,011
Multi-Family
265
Businesses
36
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 1983
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36088, Tuskegee Institute, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 645 (33.5%) |
| Renter Occupied HU | 790 (41.0%) |
| Vacant Housing Units | 490 (25.5%) |
| Median Home Value | $108,848 |
| Average Home Value | $159,973 |
Housing Distribution
Address Breakdown
Residential
1,276
Single Family
1,011
Multi-Family
265
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ollye Gibbs • Best Move Realty, LLC.
Mls Name: MAAR
Mls ID: #581451