3009 Walnut AveAnnistonAL36201
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3009 Walnut Ave, Anniston, AL, 36201 in Anniston. At $125,000 it earns $951/mo in rent and distributes $245/mo to the owner after the $562/mo payment, a consistent 9.13% yield. DSCR 1.69 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $34,535 in value; $1,151/yr in principal paydown compounds ownership stake. Total projected return: $62,935.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $245 | $300 |
City averages based on Anniston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $951 |
| Total Monthly Debt Service | $656 |
| DSCR Ratio | 1.45x |
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 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36201, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 4,313 (50.0%) |
| Renter Occupied HU | 2,613 (30.3%) |
| Vacant Housing Units | 1,693 (19.6%) |
| Median Home Value | $83,629 |
| Average Home Value | $120,117 |
Housing Distribution
Address Breakdown
Residential
7,384
Single Family
7,140
Multi-Family
244
Businesses
983
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 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36201, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 4,313 (50.0%) |
| Renter Occupied HU | 2,613 (30.3%) |
| Vacant Housing Units | 1,693 (19.6%) |
| Median Home Value | $83,629 |
| Average Home Value | $120,117 |
Housing Distribution
Address Breakdown
Residential
7,384
Single Family
7,140
Multi-Family
244
Businesses
983
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bev Ray • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21381557
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.