605 County Road 102WoodlandAL36280
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 605 County Road 102, Woodland, AL, 36280 in Woodland. At $230,000 it earns $1,604/mo in rent and distributes $306/mo to the owner after the $1,034/mo payment, a consistent 8.37% yield. DSCR 1.55 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,545 in value; $2,118/yr in principal paydown compounds ownership stake. Total projected return: $106,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $306 | $800 |
City averages based on Woodland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,604 |
| Total Monthly Debt Service | $1,207 |
| DSCR Ratio | 1.33x |
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 2006
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36280, Woodland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,108 (100%) |
| Owner Occupied HU | 1,450 (68.8%) |
| Renter Occupied HU | 305 (14.5%) |
| Vacant Housing Units | 353 (16.7%) |
| Median Home Value | $235,714 |
| Average Home Value | $300,952 |
Housing Distribution
Address Breakdown
Residential
1,972
Single Family
1,972
Multi-Family
0
Businesses
87
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 2006
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36280, Woodland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,108 (100%) |
| Owner Occupied HU | 1,450 (68.8%) |
| Renter Occupied HU | 305 (14.5%) |
| Vacant Housing Units | 353 (16.7%) |
| Median Home Value | $235,714 |
| Average Home Value | $300,952 |
Housing Distribution
Address Breakdown
Residential
1,972
Single Family
1,972
Multi-Family
0
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebekah Stowers • Countryside Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407152
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.