190 Fort Toulouse RdWetumpkaAL36092
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 190 Fort Toulouse Rd, Wetumpka, AL, 36092 in Wetumpka deserves attention. This $234,900 property earns $2,256/mo in rent, a 11.52% gross yield, and nets $930/mo after the $1,056/mo payment. DSCR 2.14 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $64,899 compounds alongside $2,163/yr in yearly equity build, for a total cumulative return of $148,391.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.5% |
| Monthly Cash Flow | $930 | $300 |
City averages based on Wetumpka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,256 |
| Total Monthly Debt Service | $1,232 |
| DSCR Ratio | 1.83x |
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 1996
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36092, Wetumpka, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,507 (100%) |
| Owner Occupied HU | 6,524 (68.6%) |
| Renter Occupied HU | 2,226 (23.4%) |
| Vacant Housing Units | 757 ( 8.0%) |
| Median Home Value | $196,314 |
| Average Home Value | $228,203 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,857
Multi-Family
20
Businesses
810
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 1996
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36092, Wetumpka, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,507 (100%) |
| Owner Occupied HU | 6,524 (68.6%) |
| Renter Occupied HU | 2,226 (23.4%) |
| Vacant Housing Units | 757 ( 8.0%) |
| Median Home Value | $196,314 |
| Average Home Value | $228,203 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,857
Multi-Family
20
Businesses
810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices