1152 Goodway RdFrisco CityAL36445
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1152 Goodway Rd, Frisco City, AL, 36445 in Frisco City. Rental yield 0.98%. At $1,295,000 with 0.98% gross yield, current distributions are modest, but the 5% appreciation rate projects $357,785 in new equity by year five, complemented by $11,927/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.18) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $85,428.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1% | 8.0% |
| Monthly Cash Flow | $(6,256) | $300 |
City averages based on Frisco City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,054 |
| Total Monthly Debt Service | $6,794 |
| DSCR Ratio | 0.16x |
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
120 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36445, Frisco City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,151 (100%) |
| Owner Occupied HU | 1,459 (67.8%) |
| Renter Occupied HU | 409 (19.0%) |
| Vacant Housing Units | 283 (13.2%) |
| Median Home Value | $133,440 |
| Average Home Value | $171,222 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
74
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
120 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36445, Frisco City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,151 (100%) |
| Owner Occupied HU | 1,459 (67.8%) |
| Renter Occupied HU | 409 (19.0%) |
| Vacant Housing Units | 283 (13.2%) |
| Median Home Value | $133,440 |
| Average Home Value | $171,222 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: My State MLS
Mls ID: #11628945