1512 Gregory StHurtsboroAL36860
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1512 Gregory St, Hurtsboro, AL, 36860 in Hurtsboro speaks for itself: 11.62% gross on a $189,900 price, generating $1,840/mo in rent and $768/mo in net income after the $854/mo debt service. DSCR 2.15, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,212 stacks alongside $52,466 in projected five-year appreciation and $1,749/yr in principal reduction. Projected total cumulative return: $120,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 8.0% |
| Monthly Cash Flow | $768 | $600 |
City averages based on Hurtsboro market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,840 |
| Total Monthly Debt Service | $996 |
| DSCR Ratio | 1.85x |
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 1950
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36860, Hurtsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 734 (100%) |
| Owner Occupied HU | 410 (55.9%) |
| Renter Occupied HU | 134 (18.3%) |
| Vacant Housing Units | 190 (25.9%) |
| Median Home Value | $98,333 |
| Average Home Value | $114,915 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
523
Multi-Family
0
Businesses
42
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 1950
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36860, Hurtsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 734 (100%) |
| Owner Occupied HU | 410 (55.9%) |
| Renter Occupied HU | 134 (18.3%) |
| Vacant Housing Units | 190 (25.9%) |
| Median Home Value | $98,333 |
| Average Home Value | $114,915 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
523
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices