11348 Highway 67 SJoppaAL35087
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 11348 Highway 67 S, Joppa, AL, 35087 in Joppa at $259,000, 5.74% gross yield, is a market-growth asset. Rental yield 5.74%. The $1,240/mo rent partially funds the $1,165/mo debt service; the core return is the 5%/yr price growth projected to add $71,557 over five years. Ziffy Mortgage's DSCR mortgage (1.06) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $83,297.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.0% |
| Monthly Cash Flow | $(222) | $1,200 |
City averages based on Joppa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,240 |
| Total Monthly Debt Service | $1,359 |
| DSCR Ratio | 0.91x |
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 N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35087, Joppa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 703 (73.9%) |
| Renter Occupied HU | 177 (18.6%) |
| Vacant Housing Units | 71 ( 7.5%) |
| Median Home Value | $186,968 |
| Average Home Value | $215,192 |
Housing Distribution
Address Breakdown
Residential
925
Single Family
925
Multi-Family
0
Businesses
29
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
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35087, Joppa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 703 (73.9%) |
| Renter Occupied HU | 177 (18.6%) |
| Vacant Housing Units | 71 ( 7.5%) |
| Median Home Value | $186,968 |
| Average Home Value | $215,192 |
Housing Distribution
Address Breakdown
Residential
925
Single Family
925
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices