401 Macmillian DrThomasvilleAL36784
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Thomasville rental at 401 Macmillian Dr, Thomasville, AL, 36784 sits in the solid-income band: 9.09% gross yield, $939/mo rent, $239/mo net after the $558/mo debt service, DSCR 1.68. Entry price of $124,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $34,259 and $1,142/yr in principal reduction bring total cumulative return to $62,090.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.0% |
| Monthly Cash Flow | $239 | $300 |
City averages based on Thomasville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $939 |
| Total Monthly Debt Service | $651 |
| DSCR Ratio | 1.44x |
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 1967
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36784, Thomasville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,761 (100%) |
| Owner Occupied HU | 2,178 (57.9%) |
| Renter Occupied HU | 845 (22.5%) |
| Vacant Housing Units | 738 (19.6%) |
| Median Home Value | $193,151 |
| Average Home Value | $232,951 |
Housing Distribution
Address Breakdown
Residential
3,214
Single Family
3,162
Multi-Family
52
Businesses
364
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 1967
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36784, Thomasville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,761 (100%) |
| Owner Occupied HU | 2,178 (57.9%) |
| Renter Occupied HU | 845 (22.5%) |
| Vacant Housing Units | 738 (19.6%) |
| Median Home Value | $193,151 |
| Average Home Value | $232,951 |
Housing Distribution
Address Breakdown
Residential
3,214
Single Family
3,162
Multi-Family
52
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric W. Jackson • Jackson Realty Group
Mls Name: Blackbelt MLS
Mls ID: #26-3