24254 Upper Fort Hampton RdElkmontAL35620
INVESTMENT ANALYSIS
Investment Verdict
Solid Income24254 Upper Fort Hampton Rd, Elkmont, AL, 35620 in Elkmont is a solid income-producing rental, 9.73% gross yield, $1,752/mo rent, $533/mo net cash flow on a $216,000 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $59,677 and $1,989/yr in principal reduction project a total cumulative return of $115,677.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 8.0% |
| Monthly Cash Flow | $533 | $300 |
City averages based on Elkmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,752 |
| Total Monthly Debt Service | $1,133 |
| DSCR Ratio | 1.55x |
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 2008
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35620, Elkmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 3,136 (77.5%) |
| Renter Occupied HU | 705 (17.4%) |
| Vacant Housing Units | 204 ( 5.0%) |
| Median Home Value | $262,939 |
| Average Home Value | $298,829 |
Housing Distribution
Address Breakdown
Residential
4,065
Single Family
4,065
Multi-Family
0
Businesses
117
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 2008
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35620, Elkmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 3,136 (77.5%) |
| Renter Occupied HU | 705 (17.4%) |
| Vacant Housing Units | 204 ( 5.0%) |
| Median Home Value | $262,939 |
| Average Home Value | $298,829 |
Housing Distribution
Address Breakdown
Residential
4,065
Single Family
4,065
Multi-Family
0
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Sutton • McNatt Real Estate and Auction
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21891667
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