308 W 37th StAnnistonAL36201
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 308 W 37th St, Anniston, AL, 36201 in Anniston earns a 9.25% gross yield at $120,000. Rent of $957/mo nets $223/mo after the $540/mo mortgage. The 1.77 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $33,154 and $1,105/yr in equity accumulation project a total cumulative return of $61,677.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.5% |
| Monthly Cash Flow | $223 | $300 |
City averages based on Anniston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $957 |
| Total Monthly Debt Service | $655 |
| DSCR Ratio | 1.46x |
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 1958
0.58 Acres 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 1958
0.58 Acres 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: Susin Herod • American Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414880
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.