11780 Little Coffman RdLesterAL35647
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 11780 Little Coffman Rd, Lester, AL, 35647 in Lester the bet is firmly on appreciation. Rental yield 4.8%. The 4.8% gross yield on a $449,900 price is below income-first thresholds, but 5%/yr value growth projects $124,299 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.89) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $121,971.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 8.0% |
| Monthly Cash Flow | $(739) | $400 |
City averages based on Lester market data in our database. Property projections are estimates.
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 | $1,800 |
| Total Monthly Debt Service | $2,360 |
| DSCR Ratio | 0.76x |
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 2002
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35647, Lester, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 378 (71.7%) |
| Renter Occupied HU | 84 (15.9%) |
| Vacant Housing Units | 65 (12.3%) |
| Median Home Value | $405,263 |
| Average Home Value | $370,774 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
17
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 2002
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35647, Lester, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 378 (71.7%) |
| Renter Occupied HU | 84 (15.9%) |
| Vacant Housing Units | 65 (12.3%) |
| Median Home Value | $405,263 |
| Average Home Value | $370,774 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices