1108 Pecan StBay MinetteAL36507
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1108 Pecan St, Bay Minette, AL, 36507 in Bay Minette deserves attention. This $168,900 property earns $1,938/mo in rent, a 13.77% gross yield, and nets $981/mo after the $759/mo payment. DSCR 2.55 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $46,664 compounds alongside $1,556/yr in yearly equity build, for a total cumulative return of $126,838.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.0% |
| Monthly Cash Flow | $981 | $200 |
City averages based on Bay Minette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,938 |
| Total Monthly Debt Service | $890 |
| DSCR Ratio | 2.18x |
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 2015
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36507, Bay Minette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 5,931 (65.8%) |
| Renter Occupied HU | 1,994 (22.1%) |
| Vacant Housing Units | 1,083 (12.0%) |
| Median Home Value | $244,654 |
| Average Home Value | $269,012 |
Housing Distribution
Address Breakdown
Residential
7,944
Single Family
7,570
Multi-Family
374
Businesses
647
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 2015
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36507, Bay Minette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 5,931 (65.8%) |
| Renter Occupied HU | 1,994 (22.1%) |
| Vacant Housing Units | 1,083 (12.0%) |
| Median Home Value | $244,654 |
| Average Home Value | $269,012 |
Housing Distribution
Address Breakdown
Residential
7,944
Single Family
7,570
Multi-Family
374
Businesses
647
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #362672