268 Morris RdBlountsvilleAL35031
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 268 Morris Rd, Blountsville, AL, 35031 in Blountsville earns a 10.02% gross yield at $143,000. Rent of $1,194/mo nets $387/mo after the $643/mo mortgage. The 1.86 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $39,508 and $1,317/yr in equity accumulation project a total cumulative return of $78,793.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.0% |
| Monthly Cash Flow | $387 | $500 |
City averages based on Blountsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,194 |
| Total Monthly Debt Service | $750 |
| DSCR Ratio | 1.59x |
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 1977
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35031, Blountsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,719 (100%) |
| Owner Occupied HU | 2,508 (67.4%) |
| Renter Occupied HU | 795 (21.4%) |
| Vacant Housing Units | 416 (11.2%) |
| Median Home Value | $174,319 |
| Average Home Value | $219,368 |
Housing Distribution
Address Breakdown
Residential
3,265
Single Family
3,265
Multi-Family
0
Businesses
139
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 1977
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35031, Blountsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,719 (100%) |
| Owner Occupied HU | 2,508 (67.4%) |
| Renter Occupied HU | 795 (21.4%) |
| Vacant Housing Units | 416 (11.2%) |
| Median Home Value | $174,319 |
| Average Home Value | $219,368 |
Housing Distribution
Address Breakdown
Residential
3,265
Single Family
3,265
Multi-Family
0
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Drinkard • RE/MAX Marketplace
Mls Name: GALMLS
Mls ID: #21426253