503 Wood Ave SEAttallaAL35954
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 503 Wood Ave SE, Attalla, AL, 35954 in Attalla speaks for itself: 12.08% gross on a $120,900 price, generating $1,358/mo in rent and $597/mo in net income after the $544/mo debt service. DSCR 2.50, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,159 stacks alongside $33,402 in projected five-year appreciation and $1,114/yr in principal reduction. Projected total cumulative return: $89,056.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.0% |
| Monthly Cash Flow | $597 | $350 |
City averages based on Attalla market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,358 |
| Total Monthly Debt Service | $634 |
| DSCR Ratio | 2.14x |
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
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
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
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices