3702 Grand Central AveFultondaleAL35068
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3702 Grand Central Ave, Fultondale, AL, 35068 in Fultondale earns a 8.08% gross yield at $350,000. Rent of $2,444/mo nets $348/mo after the $1,574/mo mortgage. The 1.55 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $96,699 and $3,224/yr in equity accumulation project a total cumulative return of $160,015.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.0% |
| Monthly Cash Flow | $348 | $150 |
City averages based on Fultondale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,444 |
| Total Monthly Debt Service | $1,870 |
| DSCR Ratio | 1.31x |
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 2020
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35068, Fultondale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,448 (60.4%) |
| Renter Occupied HU | 1,370 (33.8%) |
| Vacant Housing Units | 232 ( 5.7%) |
| Median Home Value | $219,331 |
| Average Home Value | $237,145 |
Housing Distribution
Address Breakdown
Residential
3,875
Single Family
3,234
Multi-Family
641
Businesses
289
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 2020
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35068, Fultondale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,448 (60.4%) |
| Renter Occupied HU | 1,370 (33.8%) |
| Vacant Housing Units | 232 ( 5.7%) |
| Median Home Value | $219,331 |
| Average Home Value | $237,145 |
Housing Distribution
Address Breakdown
Residential
3,875
Single Family
3,234
Multi-Family
641
Businesses
289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Shurett • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414746
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.