124 Saint Louis StMadisonAL35758
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 124 Saint Louis St, Madison, AL, 35758 in Madison is capital appreciation. Rental yield 4.44%. The 4.44% gross yield at $549,950 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $151,941 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.82) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $138,373.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 5.8% |
| Monthly Cash Flow | $(1,216) | $420 |
City averages based on Madison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $2,885 |
| DSCR Ratio | 0.70x |
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.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35758, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,150 (100%) |
| Owner Occupied HU | 12,787 (55.2%) |
| Renter Occupied HU | 8,346 (36.1%) |
| Vacant Housing Units | 2,017 ( 8.7%) |
| Median Home Value | $405,138 |
| Average Home Value | $448,947 |
Housing Distribution
Address Breakdown
Residential
21,495
Single Family
16,455
Multi-Family
5,040
Businesses
2,188
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
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35758, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,150 (100%) |
| Owner Occupied HU | 12,787 (55.2%) |
| Renter Occupied HU | 8,346 (36.1%) |
| Vacant Housing Units | 2,017 ( 8.7%) |
| Median Home Value | $405,138 |
| Average Home Value | $448,947 |
Housing Distribution
Address Breakdown
Residential
21,495
Single Family
16,455
Multi-Family
5,040
Businesses
2,188
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices