506 19th St WJasperAL35501
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 506 19th St W, Jasper, AL, 35501 in Jasper, $249,900, 7.4% gross yield, $130/mo net income. Consider it a market-entry position, the $1,541/mo rent covers the $1,124/mo payment with a margin, and 5%/yr appreciation is projected to add $69,043 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.37) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $102,569.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 8.0% |
| Monthly Cash Flow | $130 | $400 |
City averages based on Jasper market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,541 |
| Total Monthly Debt Service | $1,311 |
| DSCR Ratio | 1.18x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elise McKenna Little • Keller Williams-Jasper
Mls Name: Walker County Area MLS
Mls ID: #24-1991
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. Copyright 2025 Walker County Area MLS, All rights reserved.