1287 3rd St NWCarbon HillAL35549
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1287 3rd St NW, Carbon Hill, AL, 35549 in Carbon Hill: $1,789/mo in rent, $746/mo net, 11.61% gross yield, all on a $184,900 acquisition. The 2.15 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 $51,084 in value, and $1,703/yr in principal paydown steadily builds equity. Projected total cumulative return: $117,692.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $746 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,789 |
| Total Monthly Debt Service | $970 |
| DSCR Ratio | 1.84x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35549, Carbon Hill, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,909 (100%) |
| Owner Occupied HU | 1,245 (65.2%) |
| Renter Occupied HU | 414 (21.7%) |
| Vacant Housing Units | 250 (13.1%) |
| Median Home Value | $84,609 |
| Average Home Value | $126,430 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,458
Multi-Family
41
Businesses
92
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35549, Carbon Hill, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,909 (100%) |
| Owner Occupied HU | 1,245 (65.2%) |
| Renter Occupied HU | 414 (21.7%) |
| Vacant Housing Units | 250 (13.1%) |
| Median Home Value | $84,609 |
| Average Home Value | $126,430 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,458
Multi-Family
41
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Walker County Area MLS
Mls ID: #26-717