698 County Road 693FruithurstAL36262
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Fruithurst rentals match the income profile of 698 County Road 693, Fruithurst, AL, 36262. Listed at $919,500, gross rent is $18,503/mo and net cash flow is $13,313/mo, a 24.15% yield well above national averages. DSCR 4.47 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $254,041 by year five with $8,469/yr in annual principal reduction, projecting $1,203,176 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 24.2% | 8.0% |
| Monthly Cash Flow | $13,313 | $500 |
City averages based on Fruithurst market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $18,503 |
| Total Monthly Debt Service | $4,824 |
| DSCR Ratio | 3.84x |
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.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36262, Fruithurst, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 464 (66.9%) |
| Renter Occupied HU | 119 (17.1%) |
| Vacant Housing Units | 111 (16.0%) |
| Median Home Value | $157,031 |
| Average Home Value | $234,434 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36262, Fruithurst, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 464 (66.9%) |
| Renter Occupied HU | 119 (17.1%) |
| Vacant Housing Units | 111 (16.0%) |
| Median Home Value | $157,031 |
| Average Home Value | $234,434 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A