138 Woodard DrOneontaAL35121
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 138 Woodard Dr, Oneonta, AL, 35121 in Oneonta delivers $1,211/mo in gross rent and $255/mo in net monthly income at a $169,400 entry. The 8.58% yield and 1.59 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 $46,802 over five years and $1,560/yr in equity from loan paydown, total projected return is $80,215.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $255 | $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 | $1,211 |
| Total Monthly Debt Service | $889 |
| DSCR Ratio | 1.36x |
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 1997
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35121, Oneonta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,877 (100%) |
| Owner Occupied HU | 4,695 (68.3%) |
| Renter Occupied HU | 1,583 (23.0%) |
| Vacant Housing Units | 599 ( 8.7%) |
| Median Home Value | $202,796 |
| Average Home Value | $247,068 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,435
Multi-Family
183
Businesses
713
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 1997
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35121, Oneonta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,877 (100%) |
| Owner Occupied HU | 4,695 (68.3%) |
| Renter Occupied HU | 1,583 (23.0%) |
| Vacant Housing Units | 599 ( 8.7%) |
| Median Home Value | $202,796 |
| Average Home Value | $247,068 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,435
Multi-Family
183
Businesses
713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darrell Sanderson • Joseph Carter Realty Lake & Lo
Mls Name: Walker County Area MLS
Mls ID: #25-1506
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. Copyright 2025 Walker County Area MLS, All rights reserved.