40344 State Highway 10Sweet WaterAL36782
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 40344 State Highway 10, Sweet Water, AL, 36782 in Sweet Water: $2,230/mo in rent, $762/mo net, 10.29% gross yield, all on a $260,000 acquisition. The 1.91 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $71,833 in value, and $2,395/yr in principal paydown steadily builds equity. Projected total cumulative return: $147,033.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $762 | $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 | $2,230 |
| Total Monthly Debt Service | $1,364 |
| DSCR Ratio | 1.63x |
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 N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36782, Sweet Water, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,229 (100%) |
| Owner Occupied HU | 839 (68.3%) |
| Renter Occupied HU | 153 (12.4%) |
| Vacant Housing Units | 237 (19.3%) |
| Median Home Value | $138,542 |
| Average Home Value | $170,030 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
28
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 N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36782, Sweet Water, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,229 (100%) |
| Owner Occupied HU | 839 (68.3%) |
| Renter Occupied HU | 153 (12.4%) |
| Vacant Housing Units | 237 (19.3%) |
| Median Home Value | $138,542 |
| Average Home Value | $170,030 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gayle McPhearson • Black Belt Land & Realty, Inc.
Mls Name: Blackbelt MLS
Mls ID: #24-57
Disclaimer: Copyright Blackbelt MLS. All rights reserved. Information is deemed reliable but not guaranteed.