185 Sullivan LnWagarvilleAL36585
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing185 Sullivan Ln, Wagarville, AL, 36585 in Wagarville is a stable, well-positioned rental at $295,000. It generates $1,703/mo in gross rent, nets $38/mo after debt service, and carries a 6.93% yield suited to conservative, capital-preservation strategies. DSCR 1.28 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $81,503 in value and $2,717/yr in principal paydown builds equity, a total projected return of $113,574.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.2% |
| Monthly Cash Flow | $38 | $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 | $1,703 |
| Total Monthly Debt Service | $1,548 |
| DSCR Ratio | 1.10x |
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 2000
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36585, Wagarville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 332 (70.8%) |
| Renter Occupied HU | 57 (12.2%) |
| Vacant Housing Units | 80 (17.1%) |
| Median Home Value | $200,000 |
| Average Home Value | $191,182 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
17
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 2000
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36585, Wagarville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 332 (70.8%) |
| Renter Occupied HU | 57 (12.2%) |
| Vacant Housing Units | 80 (17.1%) |
| Median Home Value | $200,000 |
| Average Home Value | $191,182 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julia Brooks • Village Properties
Mls Name: NY State MLS
Mls ID: #11533697