232 Hidden Cove LoopJasperAL35503
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 232 Hidden Cove Loop, Jasper, AL, 35503 in Jasper. At $179,000 it earns $1,429/mo in rent and distributes $419/mo to the owner after the $805/mo payment, a consistent 9.58% yield. DSCR 1.78 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $49,454 in value; $1,649/yr in principal paydown compounds ownership stake. Total projected return: $94,395.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.0% |
| Monthly Cash Flow | $419 | $400 |
City averages based on Jasper market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,429 |
| Total Monthly Debt Service | $939 |
| DSCR Ratio | 1.52x |
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 1978
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35503, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,833 (100%) |
| Owner Occupied HU | 2,681 (69.9%) |
| Renter Occupied HU | 753 (19.6%) |
| Vacant Housing Units | 399 (10.4%) |
| Median Home Value | $161,400 |
| Average Home Value | $189,766 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,966
Multi-Family
0
Businesses
179
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 1978
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35503, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,833 (100%) |
| Owner Occupied HU | 2,681 (69.9%) |
| Renter Occupied HU | 753 (19.6%) |
| Vacant Housing Units | 399 (10.4%) |
| Median Home Value | $161,400 |
| Average Home Value | $189,766 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,966
Multi-Family
0
Businesses
179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices