34 3rd St NEGraysvilleAL35073
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 34 3rd St NE, Graysville, AL, 35073 in Graysville speaks for itself: 12.56% gross on a $126,600 price, generating $1,325/mo in rent and $583/mo in net income after the $569/mo debt service. DSCR 2.33, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,991 stacks alongside $34,977 in projected five-year appreciation and $1,166/yr in principal reduction. Projected total cumulative return: $85,360.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 8.0% |
| Monthly Cash Flow | $583 | $500 |
City averages based on Graysville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,325 |
| Total Monthly Debt Service | $692 |
| DSCR Ratio | 1.92x |
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
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35073, Graysville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 727 (61.9%) |
| Renter Occupied HU | 285 (24.3%) |
| Vacant Housing Units | 162 (13.8%) |
| Median Home Value | $128,074 |
| Average Home Value | $234,942 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
82
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
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35073, Graysville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 727 (61.9%) |
| Renter Occupied HU | 285 (24.3%) |
| Vacant Housing Units | 162 (13.8%) |
| Median Home Value | $128,074 |
| Average Home Value | $234,942 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A