15215 State Highway 75RemlapAL35133
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 15215 State Highway 75, Remlap, AL, 35133 in Remlap is listed at $155,000 and delivers $1,364/mo in rent and $490/mo in net monthly cash flow. The 10.56% yield and 1.96 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $42,824 over five years, and $1,428/yr in principal reduction supplements cash return. Total projected cumulative return: $89,886.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $490 | $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 | $1,364 |
| Total Monthly Debt Service | $813 |
| DSCR Ratio | 1.68x |
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: 35133, Remlap, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,808 (100%) |
| Owner Occupied HU | 1,388 (76.8%) |
| Renter Occupied HU | 255 (14.1%) |
| Vacant Housing Units | 165 ( 9.1%) |
| Median Home Value | $182,353 |
| Average Home Value | $211,041 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
55
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: 35133, Remlap, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,808 (100%) |
| Owner Occupied HU | 1,388 (76.8%) |
| Renter Occupied HU | 255 (14.1%) |
| Vacant Housing Units | 165 ( 9.1%) |
| Median Home Value | $182,353 |
| Average Home Value | $211,041 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Watts • Keller Williams-Jasper
Mls Name: Walker County Area MLS
Mls ID: #25-188
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.