2109 Cleveland AveCastleberryAL36432
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 2109 Cleveland Ave, Castleberry, AL, 36432 in Castleberry delivers $1,093/mo in gross rent and $314/mo in net monthly income at a $138,000 entry. The 9.5% yield and 1.76 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $38,127 over five years and $1,271/yr in equity from loan paydown, total projected return is $72,208.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $314 | $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 | $1,093 |
| Total Monthly Debt Service | $724 |
| DSCR Ratio | 1.51x |
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 1932
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36432, Castleberry, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 837 (66.8%) |
| Renter Occupied HU | 192 (15.3%) |
| Vacant Housing Units | 224 (17.9%) |
| Median Home Value | $117,167 |
| Average Home Value | $163,510 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
1,117
Multi-Family
1
Businesses
45
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 1932
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36432, Castleberry, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 837 (66.8%) |
| Renter Occupied HU | 192 (15.3%) |
| Vacant Housing Units | 224 (17.9%) |
| Median Home Value | $117,167 |
| Average Home Value | $163,510 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
1,117
Multi-Family
1
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Noah Pettis • TRUE SOUTHERN REALTY LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #364680
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.