823 Simuel LnPrattvilleAL36067
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 823 Simuel Ln, Prattville, AL, 36067 in Prattville earns a 8.15% gross yield at $200,000. Rent of $1,358/mo nets $230/mo after the $899/mo mortgage. The 1.51 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $55,256 and $1,842/yr in equity accumulation project a total cumulative return of $90,131.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $230 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,358 |
| Total Monthly Debt Service | $1,049 |
| DSCR Ratio | 1.29x |
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 1986
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
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 1986
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Benson • BuyInvestRentSell.com LLC
Mls Name: My State MLS
Mls ID: #11655195