119 Spruce AveBrewtonAL36426
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 119 Spruce Ave, Brewton, AL, 36426 in Brewton: $1,884/mo in rent, $894/mo net, 13.54% gross yield, all on a $167,000 acquisition. The 2.51 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $46,139 in value, and $1,538/yr in principal paydown steadily builds equity. Projected total cumulative return: $120,694.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 8.0% |
| Monthly Cash Flow | $894 | $400 |
City averages based on Brewton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,884 |
| Total Monthly Debt Service | $923 |
| DSCR Ratio | 2.04x |
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
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36426, Brewton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 4,632 (61.3%) |
| Renter Occupied HU | 1,917 (25.4%) |
| Vacant Housing Units | 1,003 (13.3%) |
| Median Home Value | $135,154 |
| Average Home Value | $171,459 |
Housing Distribution
Address Breakdown
Residential
6,666
Single Family
6,401
Multi-Family
265
Businesses
458
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
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36426, Brewton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 4,632 (61.3%) |
| Renter Occupied HU | 1,917 (25.4%) |
| Vacant Housing Units | 1,003 (13.3%) |
| Median Home Value | $135,154 |
| Average Home Value | $171,459 |
Housing Distribution
Address Breakdown
Residential
6,666
Single Family
6,401
Multi-Family
265
Businesses
458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Baker • Hines Realty, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #380448
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.