1821 Monterey RdForest HomeAL36030
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1821 Monterey Rd, Forest Home, AL, 36030 in Forest Home is a solid income-producing rental, 7.82% gross yield, $1,628/mo rent, $217/mo net cash flow on a $250,000 buy. DSCR 1.45 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $69,070 and $2,303/yr in principal reduction project a total cumulative return of $108,193.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $217 | $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 | $1,628 |
| Total Monthly Debt Service | $1,312 |
| DSCR Ratio | 1.24x |
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 1975
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36030, Forest Home, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 247 (100%) |
| Owner Occupied HU | 138 (55.9%) |
| Renter Occupied HU | 40 (16.2%) |
| Vacant Housing Units | 69 (27.9%) |
| Median Home Value | $152,941 |
| Average Home Value | $148,025 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
8
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 1975
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36030, Forest Home, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 247 (100%) |
| Owner Occupied HU | 138 (55.9%) |
| Renter Occupied HU | 40 (16.2%) |
| Vacant Housing Units | 69 (27.9%) |
| Median Home Value | $152,941 |
| Average Home Value | $148,025 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Hines • United Country-South Land Company, LLC
Mls Name: NY State MLS
Mls ID: #11518416