240 Edith WayDalevilleAL36322
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 240 Edith Way, Daleville, AL, 36322 in Daleville is narrow, $189/mo net on $781/mo rent after the $463/mo debt service, but the property operates at break-even-plus, not a loss. At $103,000 with a 9.1% yield, the long-run equity case via 5% appreciation ($28,457 over five years) and $949/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.69 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $51,079.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.5% |
| Monthly Cash Flow | $189 | $250 |
City averages based on Daleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $781 |
| Total Monthly Debt Service | $551 |
| DSCR Ratio | 1.42x |
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.
Townhouse
Built in 1986
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36322, Daleville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,476 (100%) |
| Owner Occupied HU | 2,234 (49.9%) |
| Renter Occupied HU | 1,621 (36.2%) |
| Vacant Housing Units | 621 (13.9%) |
| Median Home Value | $144,384 |
| Average Home Value | $153,189 |
Housing Distribution
Address Breakdown
Residential
4,006
Single Family
3,972
Multi-Family
34
Businesses
360
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
Townhouse
Built in 1986
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36322, Daleville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,476 (100%) |
| Owner Occupied HU | 2,234 (49.9%) |
| Renter Occupied HU | 1,621 (36.2%) |
| Vacant Housing Units | 621 (13.9%) |
| Median Home Value | $144,384 |
| Average Home Value | $153,189 |
Housing Distribution
Address Breakdown
Residential
4,006
Single Family
3,972
Multi-Family
34
Businesses
360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISTOPHER K ROGERS • CENTURY 21 REGENCY REALTY
Mls Name: Wiregrass BOR
Mls ID: #553238
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.