110 3rd St WFruithurstAL36262
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 110 3rd St W, Fruithurst, AL, 36262 in Fruithurst is listed at $185,000 and delivers $1,382/mo in rent and $338/mo in net monthly cash flow. The 8.97% yield and 1.66 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $51,112 over five years, and $1,704/yr in principal reduction supplements cash return. Total projected cumulative return: $91,469.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 8.0% |
| Monthly Cash Flow | $338 | $500 |
City averages based on Fruithurst market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,382 |
| Total Monthly Debt Service | $971 |
| DSCR Ratio | 1.42x |
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 2008
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36262, Fruithurst, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 464 (66.9%) |
| Renter Occupied HU | 119 (17.1%) |
| Vacant Housing Units | 111 (16.0%) |
| Median Home Value | $157,031 |
| Average Home Value | $234,434 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
42
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 2008
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36262, Fruithurst, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 464 (66.9%) |
| Renter Occupied HU | 119 (17.1%) |
| Vacant Housing Units | 111 (16.0%) |
| Median Home Value | $157,031 |
| Average Home Value | $234,434 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Williams • SmallTown Real Estate, LLC
Mls Name: GALMLS
Mls ID: #21423717