202 S Broad StHeadlandAL36353
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 202 S Broad St, Headland, AL, 36353 in Headland. At $195,000 it earns $1,493/mo in rent and distributes $392/mo to the owner after the $877/mo payment, a consistent 9.19% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $53,875 in value; $1,796/yr in principal paydown compounds ownership stake. Total projected return: $98,713.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $392 | $1,200 |
City averages based on Headland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,493 |
| Total Monthly Debt Service | $1,023 |
| DSCR Ratio | 1.46x |
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 1911
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36353, Newville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 666 (69.2%) |
| Renter Occupied HU | 151 (15.7%) |
| Vacant Housing Units | 146 (15.2%) |
| Median Home Value | $124,296 |
| Average Home Value | $191,558 |
Housing Distribution
Address Breakdown
Residential
942
Single Family
942
Multi-Family
0
Businesses
34
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 1911
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36353, Newville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 666 (69.2%) |
| Renter Occupied HU | 151 (15.7%) |
| Vacant Housing Units | 146 (15.2%) |
| Median Home Value | $124,296 |
| Average Home Value | $191,558 |
Housing Distribution
Address Breakdown
Residential
942
Single Family
942
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices