1317 Lake Shore DrJasperAL35504
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1317 Lake Shore Dr, Jasper, AL, 35504 in Jasper. Rental yield 4.78%. At $405,000 with 4.78% gross yield, current distributions are modest, but the 5% appreciation rate projects $111,894 in new equity by year five, complemented by $3,730/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.89) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $105,019.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 8.0% |
| Monthly Cash Flow | $(745) | $400 |
City averages based on Jasper market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,613 |
| Total Monthly Debt Service | $2,196 |
| DSCR Ratio | 0.73x |
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.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35504, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,415 (100%) |
| Owner Occupied HU | 4,453 (69.4%) |
| Renter Occupied HU | 1,189 (18.5%) |
| Vacant Housing Units | 773 (12.0%) |
| Median Home Value | $214,984 |
| Average Home Value | $265,241 |
Housing Distribution
Address Breakdown
Residential
6,416
Single Family
6,207
Multi-Family
209
Businesses
168
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
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35504, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,415 (100%) |
| Owner Occupied HU | 4,453 (69.4%) |
| Renter Occupied HU | 1,189 (18.5%) |
| Vacant Housing Units | 773 (12.0%) |
| Median Home Value | $214,984 |
| Average Home Value | $265,241 |
Housing Distribution
Address Breakdown
Residential
6,416
Single Family
6,207
Multi-Family
209
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices