617 Garrett StBrewtonAL36426
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 617 Garrett St, Brewton, AL, 36426 in Brewton. Rental yield 6.29%. The 1.17 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $63,268 and $2,109/yr in principal reduction project total return of $80,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 8.0% |
| Monthly Cash Flow | $(95) | $400 |
City averages based on Brewton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $1,204 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36426, Brewton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 4,632 (61.3%) |
| Renter Occupied HU | 1,917 (25.4%) |
| Vacant Housing Units | 1,003 (13.3%) |
| Median Home Value | $135,154 |
| Average Home Value | $171,459 |
Housing Distribution
Address Breakdown
Residential
6,666
Single Family
6,401
Multi-Family
265
Businesses
458
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 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36426, Brewton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 4,632 (61.3%) |
| Renter Occupied HU | 1,917 (25.4%) |
| Vacant Housing Units | 1,003 (13.3%) |
| Median Home Value | $135,154 |
| Average Home Value | $171,459 |
Housing Distribution
Address Breakdown
Residential
6,666
Single Family
6,401
Multi-Family
265
Businesses
458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa McMillan • Hope Realty & Development
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #381745
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.