180 15th Ave SWGraysvilleAL35073
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 180 15th Ave SW, Graysville, AL, 35073 in Graysville. At $138,500 it earns $1,105/mo in rent and distributes $323/mo to the owner after the $623/mo payment, a consistent 9.57% yield. DSCR 1.77 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $38,265 in value; $1,276/yr in principal paydown compounds ownership stake. Total projected return: $73,032.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.0% |
| Monthly Cash Flow | $323 | $500 |
City averages based on Graysville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,105 |
| Total Monthly Debt Service | $727 |
| DSCR Ratio | 1.52x |
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 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35073, Graysville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 727 (61.9%) |
| Renter Occupied HU | 285 (24.3%) |
| Vacant Housing Units | 162 (13.8%) |
| Median Home Value | $128,074 |
| Average Home Value | $234,942 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
82
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 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35073, Graysville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 727 (61.9%) |
| Renter Occupied HU | 285 (24.3%) |
| Vacant Housing Units | 162 (13.8%) |
| Median Home Value | $128,074 |
| Average Home Value | $234,942 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glenn Brasher • EXIT Justice Realty - Gardenda
Mls Name: GALMLS
Mls ID: #21424876