181 Midpark DrMeridianvilleAL35759
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis Meridianville rental at 181 Midpark Dr, Meridianville, AL, 35759 sits in the solid-income band: 7.8% gross yield, $1,974/mo rent, $236/mo net after the $1,365/mo debt service, DSCR 1.45. Entry price of $303,545 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $83,864 and $2,796/yr in principal reduction bring total cumulative return to $129,688.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.8% |
| Monthly Cash Flow | $236 | $420 |
City averages based on Meridianville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,974 |
| Total Monthly Debt Service | $1,618 |
| DSCR Ratio | 1.22x |
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
10,018 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35759, Meridianville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,413 (100%) |
| Owner Occupied HU | 4,647 (85.8%) |
| Renter Occupied HU | 536 ( 9.9%) |
| Vacant Housing Units | 230 ( 4.2%) |
| Median Home Value | $317,342 |
| Average Home Value | $350,392 |
Housing Distribution
Address Breakdown
Residential
5,332
Single Family
5,332
Multi-Family
0
Businesses
235
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
10,018 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35759, Meridianville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,413 (100%) |
| Owner Occupied HU | 4,647 (85.8%) |
| Renter Occupied HU | 536 ( 9.9%) |
| Vacant Housing Units | 230 ( 4.2%) |
| Median Home Value | $317,342 |
| Average Home Value | $350,392 |
Housing Distribution
Address Breakdown
Residential
5,332
Single Family
5,332
Multi-Family
0
Businesses
235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Springer • DSLD Homes Gulf Coast LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21870085
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