1146 Northridge TrceAlbertvilleAL35951
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1146 Northridge Trce, Albertville, AL, 35951 in Albertville: $4,003/mo in rent, $786/mo in net income, 8.43% gross yield, 1.56 DSCR, all at $569,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $157,453 in appreciation and $5,249/yr in principal paydown projects total cumulative return of $265,332.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 8.0% |
| Monthly Cash Flow | $786 | $400 |
City averages based on Albertville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,003 |
| Total Monthly Debt Service | $2,990 |
| DSCR Ratio | 1.34x |
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 2001
3.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35951, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,653 (100%) |
| Owner Occupied HU | 3,723 (65.9%) |
| Renter Occupied HU | 1,523 (26.9%) |
| Vacant Housing Units | 407 ( 7.2%) |
| Median Home Value | $153,580 |
| Average Home Value | $236,315 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,532
Multi-Family
139
Businesses
166
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 2001
3.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35951, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,653 (100%) |
| Owner Occupied HU | 3,723 (65.9%) |
| Renter Occupied HU | 1,523 (26.9%) |
| Vacant Housing Units | 407 ( 7.2%) |
| Median Home Value | $153,580 |
| Average Home Value | $236,315 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,532
Multi-Family
139
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabe Henderson • Main Street Realty Plus, LLC
Mls Name: ValleyMLS
Mls ID: #21897951