514 3rd St SEAlicevilleAL35442
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 514 3rd St SE, Aliceville, AL, 35442 in Aliceville delivers $1,030/mo in gross rent and $269/mo in net monthly income at a $134,900 entry. The 9.16% yield and 1.70 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $37,270 over five years and $1,242/yr in equity from loan paydown, total projected return is $68,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $269 | $1,000 |
City averages based on Aliceville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,030 |
| Total Monthly Debt Service | $708 |
| DSCR Ratio | 1.46x |
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 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35442, Aliceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,285 (100%) |
| Owner Occupied HU | 1,344 (58.8%) |
| Renter Occupied HU | 529 (23.2%) |
| Vacant Housing Units | 412 (18.0%) |
| Median Home Value | $131,604 |
| Average Home Value | $225,638 |
Housing Distribution
Address Breakdown
Residential
2,055
Single Family
2,055
Multi-Family
0
Businesses
193
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 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35442, Aliceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,285 (100%) |
| Owner Occupied HU | 1,344 (58.8%) |
| Renter Occupied HU | 529 (23.2%) |
| Vacant Housing Units | 412 (18.0%) |
| Median Home Value | $131,604 |
| Average Home Value | $225,638 |
Housing Distribution
Address Breakdown
Residential
2,055
Single Family
2,055
Multi-Family
0
Businesses
193
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alice Maxwell • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls ID: #173259