477 County Road 183EutawAL35462
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Eutaw rental at 477 County Road 183, Eutaw, AL, 35462 sits in the solid-income band: 8.01% gross yield, $1,368/mo rent, $211/mo net after the $922/mo debt service, DSCR 1.48. Entry price of $205,000 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 $56,638 and $1,888/yr in principal reduction bring total cumulative return to $90,849.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.0% |
| Monthly Cash Flow | $211 | $450 |
City averages based on Eutaw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,368 |
| Total Monthly Debt Service | $1,076 |
| DSCR Ratio | 1.27x |
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 1996
5.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35462, Eutaw, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,484 (100%) |
| Owner Occupied HU | 1,237 (49.8%) |
| Renter Occupied HU | 792 (31.9%) |
| Vacant Housing Units | 455 (18.3%) |
| Median Home Value | $119,097 |
| Average Home Value | $145,022 |
Housing Distribution
Address Breakdown
Residential
2,260
Single Family
2,143
Multi-Family
117
Businesses
209
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 1996
5.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35462, Eutaw, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,484 (100%) |
| Owner Occupied HU | 1,237 (49.8%) |
| Renter Occupied HU | 792 (31.9%) |
| Vacant Housing Units | 455 (18.3%) |
| Median Home Value | $119,097 |
| Average Home Value | $145,022 |
Housing Distribution
Address Breakdown
Residential
2,260
Single Family
2,143
Multi-Family
117
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann Snoddy • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls Provider:
Mls ID: #21401957
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.