3662 State Highway 75Flat RockAL35966
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3662 State Highway 75, Flat Rock, AL, 35966 in Flat Rock speaks for itself: 10.03% gross on a $199,900 price, generating $1,672/mo in rent and $543/mo in net income after the $899/mo debt service. DSCR 1.86, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,519 stacks alongside $55,229 in projected five-year appreciation and $1,841/yr in principal reduction. Projected total cumulative return: $110,366.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $543 | $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 | $1,672 |
| Total Monthly Debt Service | $1,049 |
| DSCR Ratio | 1.59x |
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 1939
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35966, Flat Rock, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,649 (100%) |
| Owner Occupied HU | 1,240 (75.2%) |
| Renter Occupied HU | 265 (16.1%) |
| Vacant Housing Units | 144 ( 8.7%) |
| Median Home Value | $147,692 |
| Average Home Value | $190,710 |
Housing Distribution
Address Breakdown
Residential
1,659
Single Family
1,635
Multi-Family
24
Businesses
62
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 1939
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35966, Flat Rock, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,649 (100%) |
| Owner Occupied HU | 1,240 (75.2%) |
| Renter Occupied HU | 265 (16.1%) |
| Vacant Housing Units | 144 ( 8.7%) |
| Median Home Value | $147,692 |
| Average Home Value | $190,710 |
Housing Distribution
Address Breakdown
Residential
1,659
Single Family
1,635
Multi-Family
24
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices