2512 October DrAdamsvilleAL35005
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 2512 October Dr, Adamsville, AL, 35005 in Adamsville. At $260,000 it earns $1,691/mo in rent and distributes $223/mo to the owner after the $1,169/mo payment, a consistent 7.8% yield. DSCR 1.45 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $71,833 in value; $2,395/yr in principal paydown compounds ownership stake. Total projected return: $112,341.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.0% |
| Monthly Cash Flow | $223 | $250 |
City averages based on Adamsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,691 |
| Total Monthly Debt Service | $1,364 |
| DSCR Ratio | 1.24x |
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 1962
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35005, Adamsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,379 (100%) |
| Owner Occupied HU | 2,203 (65.2%) |
| Renter Occupied HU | 744 (22.0%) |
| Vacant Housing Units | 432 (12.8%) |
| Median Home Value | $164,914 |
| Average Home Value | $237,321 |
Housing Distribution
Address Breakdown
Residential
3,187
Single Family
3,187
Multi-Family
0
Businesses
153
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 1962
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35005, Adamsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,379 (100%) |
| Owner Occupied HU | 2,203 (65.2%) |
| Renter Occupied HU | 744 (22.0%) |
| Vacant Housing Units | 432 (12.8%) |
| Median Home Value | $164,914 |
| Average Home Value | $237,321 |
Housing Distribution
Address Breakdown
Residential
3,187
Single Family
3,187
Multi-Family
0
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Vernon • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417052
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.