280 Deerpatch RdChatomAL36518
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 280 Deerpatch Rd, Chatom, AL, 36518 in Chatom: $2,782/mo in rent, $468/mo in net income, 8.14% gross yield, 1.51 DSCR, all at $409,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $113,248 in appreciation and $3,775/yr in principal paydown projects total cumulative return of $184,604.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $468 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,782 |
| Total Monthly Debt Service | $2,151 |
| DSCR Ratio | 1.29x |
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.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36518, Chatom, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 728 (66.9%) |
| Renter Occupied HU | 215 (19.7%) |
| Vacant Housing Units | 146 (13.4%) |
| Median Home Value | $183,772 |
| Average Home Value | $211,803 |
Housing Distribution
Address Breakdown
Residential
680
Single Family
680
Multi-Family
0
Businesses
140
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36518, Chatom, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 728 (66.9%) |
| Renter Occupied HU | 215 (19.7%) |
| Vacant Housing Units | 146 (13.4%) |
| Median Home Value | $183,772 |
| Average Home Value | $211,803 |
Housing Distribution
Address Breakdown
Residential
680
Single Family
680
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices