2651 Calhoun DrAbbevilleAL36310
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.97% gross rental yield, 2651 Calhoun Dr, Abbeville, AL, 36310 in Abbeville is priced for capital growth, not immediate cash flow. The $272,500 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $75,287 by year five, with $2,510/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.11) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $90,994.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 7.0% |
| Monthly Cash Flow | $(182) | $300 |
City averages based on Abbeville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,356 |
| Total Monthly Debt Service | $1,430 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1995
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
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 1995
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allissa Armstrong • Wiregrass Realty
Mls Name: SAMLS
Mls ID: #197596
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.