3135 Boardwalk CirJasperAL35504
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 3135 Boardwalk Cir, Jasper, AL, 35504 in Jasper the bet is firmly on appreciation. Rental yield 5.78%. The 5.78% gross yield on a $399,900 price is below income-first thresholds, but 5%/yr value growth projects $110,485 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.25) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $150,289.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 8.0% |
| Monthly Cash Flow | $(332) | $400 |
City averages based on Jasper market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,250 |
| Total Monthly Debt Service | $2,098 |
| DSCR Ratio | 1.07x |
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 2006
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35504, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,415 (100%) |
| Owner Occupied HU | 4,453 (69.4%) |
| Renter Occupied HU | 1,189 (18.5%) |
| Vacant Housing Units | 773 (12.0%) |
| Median Home Value | $214,984 |
| Average Home Value | $265,241 |
Housing Distribution
Address Breakdown
Residential
6,416
Single Family
6,207
Multi-Family
209
Businesses
168
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 2006
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35504, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,415 (100%) |
| Owner Occupied HU | 4,453 (69.4%) |
| Renter Occupied HU | 1,189 (18.5%) |
| Vacant Housing Units | 773 (12.0%) |
| Median Home Value | $214,984 |
| Average Home Value | $265,241 |
Housing Distribution
Address Breakdown
Residential
6,416
Single Family
6,207
Multi-Family
209
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Barrett • RealtySouth The Harbin Company
Mls Name: Walker County Area MLS
Mls ID: #25-1010
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. Copyright 2025 Walker County Area MLS, All rights reserved.