120 Hills Mine AveWest BloctonAL35184
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 120 Hills Mine Ave, West Blocton, AL, 35184 in West Blocton: $1,644/mo in rent, $557/mo net, 10.25% gross yield, all on a $192,500 acquisition. The 1.90 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 $53,184 in value, and $1,773/yr in principal paydown steadily builds equity. Projected total cumulative return: $108,416.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $557 | $250 |
City averages based on West Blocton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,644 |
| Total Monthly Debt Service | $1,010 |
| DSCR Ratio | 1.63x |
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 2006
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35184, West Blocton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,633 (100%) |
| Owner Occupied HU | 1,820 (69.1%) |
| Renter Occupied HU | 516 (19.6%) |
| Vacant Housing Units | 297 (11.3%) |
| Median Home Value | $142,733 |
| Average Home Value | $185,315 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,182
Multi-Family
0
Businesses
80
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 2006
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35184, West Blocton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,633 (100%) |
| Owner Occupied HU | 1,820 (69.1%) |
| Renter Occupied HU | 516 (19.6%) |
| Vacant Housing Units | 297 (11.3%) |
| Median Home Value | $142,733 |
| Average Home Value | $185,315 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,182
Multi-Family
0
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cliff Glansen • FlatFee.com
Mls Name: GALMLS
Mls ID: #21443575