3748 County Road 15Union SpringsAL36089
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play3748 County Road 15, Union Springs, AL, 36089 in Union Springs is priced for appreciation, not yield. Rental yield 4.96%. At $489,900 with a 4.96% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $135,350 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.92) 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: $137,038.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.2% |
| Monthly Cash Flow | $(740) | $350 |
City averages based on Union Springs market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,026 |
| Total Monthly Debt Service | $2,570 |
| DSCR Ratio | 0.79x |
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 2010
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36089, Union Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,836 (55.1%) |
| Renter Occupied HU | 1,050 (31.5%) |
| Vacant Housing Units | 447 (13.4%) |
| Median Home Value | $105,491 |
| Average Home Value | $160,588 |
Housing Distribution
Address Breakdown
Residential
2,856
Single Family
2,805
Multi-Family
51
Businesses
248
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 2010
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36089, Union Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,836 (55.1%) |
| Renter Occupied HU | 1,050 (31.5%) |
| Vacant Housing Units | 447 (13.4%) |
| Median Home Value | $105,491 |
| Average Home Value | $160,588 |
Housing Distribution
Address Breakdown
Residential
2,856
Single Family
2,805
Multi-Family
51
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: LCMLS
Mls ID: #181081