718 Owens Ave SWAttallaAL35954
INVESTMENT ANALYSIS
Investment Verdict
Solid Income718 Owens Ave SW, Attalla, AL, 35954 in Attalla earns a respectable 8% gross yield at $135,000, but after the $607/mo mortgage the net cash flow is $138/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.48) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $37,298 over five years, making equity the dominant return driver. Total projected return: $59,762.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $138 | $350 |
City averages based on Attalla market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $900 |
| Total Monthly Debt Service | $708 |
| DSCR Ratio | 1.27x |
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 1969
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
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 1969
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices