428 Oakdale AveGenevaAL36340
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 428 Oakdale Ave, Geneva, AL, 36340 in Geneva. At $198,000 it earns $1,637/mo in rent and distributes $519/mo to the owner after the $890/mo payment, a consistent 9.92% yield. DSCR 1.84 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $54,704 in value; $1,824/yr in principal paydown compounds ownership stake. Total projected return: $108,074.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 10.0% |
| Monthly Cash Flow | $519 | $300 |
City averages based on Geneva market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,637 |
| Total Monthly Debt Service | $1,039 |
| DSCR Ratio | 1.58x |
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 2002
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36340, Geneva, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,471 (100%) |
| Owner Occupied HU | 1,553 (62.8%) |
| Renter Occupied HU | 610 (24.7%) |
| Vacant Housing Units | 308 (12.5%) |
| Median Home Value | $127,227 |
| Average Home Value | $174,631 |
Housing Distribution
Address Breakdown
Residential
2,331
Single Family
2,331
Multi-Family
0
Businesses
343
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 2002
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36340, Geneva, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,471 (100%) |
| Owner Occupied HU | 1,553 (62.8%) |
| Renter Occupied HU | 610 (24.7%) |
| Vacant Housing Units | 308 (12.5%) |
| Median Home Value | $127,227 |
| Average Home Value | $174,631 |
Housing Distribution
Address Breakdown
Residential
2,331
Single Family
2,331
Multi-Family
0
Businesses
343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices