4188 County Road 818LoganAL35098
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 4188 County Road 818, Logan, AL, 35098 in Logan is listed at $214,900 and delivers $1,457/mo in rent and $244/mo in net monthly cash flow. The 8.13% yield and 1.51 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 $59,373 over five years, and $1,979/yr in principal reduction supplements cash return. Total projected cumulative return: $96,704.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $244 | $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 | $1,457 |
| Total Monthly Debt Service | $1,127 |
| DSCR Ratio | 1.29x |
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 1950
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35098, Logan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 460 (64.9%) |
| Renter Occupied HU | 105 (14.8%) |
| Vacant Housing Units | 144 (20.3%) |
| Median Home Value | $219,643 |
| Average Home Value | $269,408 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
14
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 1950
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35098, Logan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 460 (64.9%) |
| Renter Occupied HU | 105 (14.8%) |
| Vacant Housing Units | 144 (20.3%) |
| Median Home Value | $219,643 |
| Average Home Value | $269,408 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices