2999 9th St WRed BayAL35582
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Red Bay rentals match the income profile of 2999 9th St W, Red Bay, AL, 35582. Listed at $150,000, gross rent is $2,923/mo and net cash flow is $2,059/mo, a 23.39% yield well above national averages. DSCR 4.34 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $41,442 by year five with $1,382/yr in annual principal reduction, projecting $189,104 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 23.4% | 6.2% |
| Monthly Cash Flow | $2,059 | $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 | $2,923 |
| Total Monthly Debt Service | $805 |
| DSCR Ratio | 3.63x |
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 1975
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35582, Red Bay, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,160 (55.9%) |
| Renter Occupied HU | 622 (30.0%) |
| Vacant Housing Units | 294 (14.2%) |
| Median Home Value | $121,719 |
| Average Home Value | $159,573 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,608
Multi-Family
119
Businesses
191
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 1975
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35582, Red Bay, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,160 (55.9%) |
| Renter Occupied HU | 622 (30.0%) |
| Vacant Housing Units | 294 (14.2%) |
| Median Home Value | $121,719 |
| Average Home Value | $159,573 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,608
Multi-Family
119
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices