41 Alabama StGoshenAL36035
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 41 Alabama St, Goshen, AL, 36035 in Goshen is listed at $129,000 and delivers $975/mo in rent and $247/mo in net monthly cash flow. The 9.07% yield and 1.68 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $35,640 over five years, and $1,188/yr in principal reduction supplements cash return. Total projected cumulative return: $64,536.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $247 | $300 |
City averages based on Goshen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $975 |
| Total Monthly Debt Service | $677 |
| 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 1945
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36035, Goshen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 584 (66.0%) |
| Renter Occupied HU | 185 (20.9%) |
| Vacant Housing Units | 116 (13.1%) |
| Median Home Value | $131,579 |
| Average Home Value | $182,397 |
Housing Distribution
Address Breakdown
Residential
902
Single Family
902
Multi-Family
0
Businesses
44
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 1945
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36035, Goshen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 584 (66.0%) |
| Renter Occupied HU | 185 (20.9%) |
| Vacant Housing Units | 116 (13.1%) |
| Median Home Value | $131,579 |
| Average Home Value | $182,397 |
Housing Distribution
Address Breakdown
Residential
902
Single Family
902
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices