177 C M Phillips RdKinstonAL36453
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing177 C M Phillips Rd, Kinston, AL, 36453 in Kinston is a stable, well-positioned rental at $189,900. Rental yield 6.05%. DSCR 1.13 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $52,466 in value and $1,592/yr in principal paydown builds equity, a total projected return of $64,685.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.5% |
| Monthly Cash Flow | $(114) | $300 |
City averages based on Kinston 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 | $1,020 |
| Total Monthly Debt Service | $1,043 |
| DSCR Ratio | 0.98x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36453, Kinston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,161 (100%) |
| Owner Occupied HU | 800 (68.9%) |
| Renter Occupied HU | 193 (16.6%) |
| Vacant Housing Units | 168 (14.5%) |
| Median Home Value | $113,110 |
| Average Home Value | $141,322 |
Housing Distribution
Address Breakdown
Residential
976
Single Family
976
Multi-Family
0
Businesses
41
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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
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Listed by: Christa M. Merrifield-Mitchell • Merrifield & Pilcher Realty
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25215
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.
