1203 S Main StGraysvilleAL35073
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1203 S Main St, Graysville, AL, 35073 in Graysville. Priced at $170,000, it generates $1,684/mo in gross rent and $724/mo in net monthly cash flow, a 11.88% yield that comfortably supports the 2.20 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,688. Five-year appreciation: $46,968. Equity from principal paydown: $1,566/yr. Total projected cumulative return: $110,724.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 8.0% |
| Monthly Cash Flow | $724 | $500 |
City averages based on Graysville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,684 |
| Total Monthly Debt Service | $892 |
| DSCR Ratio | 1.89x |
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 1958
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35073, Graysville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 727 (61.9%) |
| Renter Occupied HU | 285 (24.3%) |
| Vacant Housing Units | 162 (13.8%) |
| Median Home Value | $128,074 |
| Average Home Value | $234,942 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
82
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 1958
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35073, Graysville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 727 (61.9%) |
| Renter Occupied HU | 285 (24.3%) |
| Vacant Housing Units | 162 (13.8%) |
| Median Home Value | $128,074 |
| Average Home Value | $234,942 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Tucker • EXIT Justice Realty - Gardenda
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398452
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.