129 Kings WayJasperAL35501
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 129 Kings Way, Jasper, AL, 35501 in Jasper delivers $2,054/mo in gross rent and $602/mo in net monthly income at a $257,400 entry. The 9.58% yield and 1.78 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $71,115 over five years and $2,371/yr in equity from loan paydown, total projected return is $135,691.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.0% |
| Monthly Cash Flow | $602 | $400 |
City averages based on Jasper market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,054 |
| Total Monthly Debt Service | $1,350 |
| DSCR Ratio | 1.52x |
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 2022
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
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 2022
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Harris • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21401478
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.