174 Howard Ballard DrAshlandAL36251
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow174 Howard Ballard Dr, Ashland, AL, 36251 in Ashland is a solid income-producing rental, 11.42% gross yield, $1,046/mo rent, $426/mo net cash flow on a $109,995 buy. DSCR 2.11 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $30,390 and $1,013/yr in principal reduction project a total cumulative return of $68,819.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 7.5% |
| Monthly Cash Flow | $426 | $600 |
City averages based on Ashland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,046 |
| Total Monthly Debt Service | $577 |
| DSCR Ratio | 1.81x |
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 1989
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36251, Ashland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,668 (100%) |
| Owner Occupied HU | 1,643 (61.6%) |
| Renter Occupied HU | 586 (22.0%) |
| Vacant Housing Units | 439 (16.5%) |
| Median Home Value | $219,279 |
| Average Home Value | $253,869 |
Housing Distribution
Address Breakdown
Residential
2,105
Single Family
2,105
Multi-Family
0
Businesses
182
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 1989
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36251, Ashland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,668 (100%) |
| Owner Occupied HU | 1,643 (61.6%) |
| Renter Occupied HU | 586 (22.0%) |
| Vacant Housing Units | 439 (16.5%) |
| Median Home Value | $219,279 |
| Average Home Value | $253,869 |
Housing Distribution
Address Breakdown
Residential
2,105
Single Family
2,105
Multi-Family
0
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Demers • Sell Your Home Services
Mls Name: GALMLS
Mls Provider:
Mls ID: #21425342
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.