318 E 7th StAnnistonAL36207
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play318 E 7th St, Anniston, AL, 36207 in Anniston is priced for appreciation, not yield. Rental yield 4.83%. At $449,500 with a 4.83% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $124,189 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.89) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $122,476.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.5% |
| Monthly Cash Flow | $(729) | $300 |
City averages based on Anniston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,808 |
| Total Monthly Debt Service | $2,358 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36207, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,589 (100%) |
| Owner Occupied HU | 5,959 (62.1%) |
| Renter Occupied HU | 2,548 (26.6%) |
| Vacant Housing Units | 1,082 (11.3%) |
| Median Home Value | $231,265 |
| Average Home Value | $272,426 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,719
Multi-Family
169
Businesses
498
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 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36207, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,589 (100%) |
| Owner Occupied HU | 5,959 (62.1%) |
| Renter Occupied HU | 2,548 (26.6%) |
| Vacant Housing Units | 1,082 (11.3%) |
| Median Home Value | $231,265 |
| Average Home Value | $272,426 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,719
Multi-Family
169
Businesses
498
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices