809 Brummel AveBridgeportAL35740
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Bridgeport rental at 809 Brummel Ave, Bridgeport, AL, 35740 sits in the solid-income band: 9.47% gross yield, $1,184/mo rent, $337/mo net after the $674/mo debt service, DSCR 1.76. Entry price of $150,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $41,442 and $1,382/yr in principal reduction bring total cumulative return to $78,284.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $337 | $300 |
City averages based on Bridgeport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,184 |
| Total Monthly Debt Service | $787 |
| DSCR Ratio | 1.50x |
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 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35740, Bridgeport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,037 (60.2%) |
| Renter Occupied HU | 454 (26.4%) |
| Vacant Housing Units | 231 (13.4%) |
| Median Home Value | $149,709 |
| Average Home Value | $178,322 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,402
Multi-Family
24
Businesses
83
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
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35740, Bridgeport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,037 (60.2%) |
| Renter Occupied HU | 454 (26.4%) |
| Vacant Housing Units | 231 (13.4%) |
| Median Home Value | $149,709 |
| Average Home Value | $178,322 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,402
Multi-Family
24
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina Pannell • RE/MAX Realty South
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520967