807 Price Dr SWDecaturAL35601
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 807 Price Dr SW, Decatur, AL, 35601 in Decatur. Priced at $179,900, it generates $1,825/mo in gross rent and $810/mo in net monthly cash flow, a 12.17% yield that comfortably supports the 2.26 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,717. Five-year appreciation: $49,703. Equity from principal paydown: $1,657/yr. Total projected cumulative return: $119,926.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.2% |
| Monthly Cash Flow | $810 | $450 |
City averages based on Decatur market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,825 |
| Total Monthly Debt Service | $944 |
| DSCR Ratio | 1.93x |
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 1989
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
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 1989
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marc Scholl • ARC Realty Cahaba Heights
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399459
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.