1109 S Hawkins AveLuverneAL36049
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 1109 S Hawkins Ave, Luverne, AL, 36049 in Luverne delivers $1,414/mo in gross rent and $426/mo in net monthly income at a $175,000 entry. The 9.69% yield and 1.80 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $48,349 over five years and $1,612/yr in equity from loan paydown, total projected return is $93,381.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $426 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,414 |
| Total Monthly Debt Service | $918 |
| DSCR Ratio | 1.54x |
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 1973
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36049, Luverne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,536 (100%) |
| Owner Occupied HU | 1,518 (59.9%) |
| Renter Occupied HU | 715 (28.2%) |
| Vacant Housing Units | 303 (11.9%) |
| Median Home Value | $165,929 |
| Average Home Value | $187,622 |
Housing Distribution
Address Breakdown
Residential
2,430
Single Family
2,320
Multi-Family
110
Businesses
308
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 1973
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36049, Luverne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,536 (100%) |
| Owner Occupied HU | 1,518 (59.9%) |
| Renter Occupied HU | 715 (28.2%) |
| Vacant Housing Units | 303 (11.9%) |
| Median Home Value | $165,929 |
| Average Home Value | $187,622 |
Housing Distribution
Address Breakdown
Residential
2,430
Single Family
2,320
Multi-Family
110
Businesses
308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices