661 Terrell RdAltoonaAL35952
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 661 Terrell Rd, Altoona, AL, 35952 in Altoona at $514,900 earns $3,025/mo in rent and nets $119/mo after the $2,315/mo payment, a 7.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $142,257 over five years. Ziffy Mortgage underwrites this on a 1.31 DSCR without U.S. credit history. With $4,742/yr in principal paydown, total projected return reaches $201,672.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.0% |
| Monthly Cash Flow | $119 | $300 |
City averages based on Altoona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,025 |
| Total Monthly Debt Service | $2,701 |
| DSCR Ratio | 1.12x |
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 2018
6.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35952, Altoona, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,449 (100%) |
| Owner Occupied HU | 2,375 (68.9%) |
| Renter Occupied HU | 771 (22.4%) |
| Vacant Housing Units | 303 ( 8.8%) |
| Median Home Value | $180,774 |
| Average Home Value | $215,077 |
Housing Distribution
Address Breakdown
Residential
3,173
Single Family
3,148
Multi-Family
25
Businesses
156
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 2018
6.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35952, Altoona, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,449 (100%) |
| Owner Occupied HU | 2,375 (68.9%) |
| Renter Occupied HU | 771 (22.4%) |
| Vacant Housing Units | 303 ( 8.8%) |
| Median Home Value | $180,774 |
| Average Home Value | $215,077 |
Housing Distribution
Address Breakdown
Residential
3,173
Single Family
3,148
Multi-Family
25
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices