3315 County Road 106MentoneAL35984
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 3315 County Road 106, Mentone, AL, 35984 in Mentone is narrow, $139/mo net on $2,666/mo rent after the $1,934/mo debt service, but the property operates at break-even-plus, not a loss. At $430,000 with a 7.44% yield, the long-run equity case via 5% appreciation ($118,801 over five years) and $3,960/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.38 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $171,393.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $139 | $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 | $2,666 |
| Total Monthly Debt Service | $2,356 |
| DSCR Ratio | 1.13x |
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 N/A
7.78 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35984, Mentone, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 715 (53.7%) |
| Renter Occupied HU | 152 (11.4%) |
| Vacant Housing Units | 464 (34.9%) |
| Median Home Value | $222,917 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,025
Multi-Family
0
Businesses
75
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 N/A
7.78 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35984, Mentone, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 715 (53.7%) |
| Renter Occupied HU | 152 (11.4%) |
| Vacant Housing Units | 464 (34.9%) |
| Median Home Value | $222,917 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,025
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Harp • Alabama Living Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21879178
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