840 Highway 438WilsonvilleAL35186
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 840 Highway 438, Wilsonville, AL, 35186 in Wilsonville: $2,744/mo in rent, $379/mo in net income, 7.86% gross yield, 1.46 DSCR, all at $419,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $115,762 in appreciation and $3,859/yr in principal paydown projects total cumulative return of $182,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 0.0% |
| Monthly Cash Flow | $379 | $0 |
City averages based on Wilsonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,744 |
| Total Monthly Debt Service | $2,198 |
| DSCR Ratio | 1.25x |
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
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35186, Wilsonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,343 (100%) |
| Owner Occupied HU | 1,889 (80.6%) |
| Renter Occupied HU | 256 (10.9%) |
| Vacant Housing Units | 198 ( 8.5%) |
| Median Home Value | $407,338 |
| Average Home Value | $436,637 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
2,085
Multi-Family
0
Businesses
67
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
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35186, Wilsonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,343 (100%) |
| Owner Occupied HU | 1,889 (80.6%) |
| Renter Occupied HU | 256 (10.9%) |
| Vacant Housing Units | 198 ( 8.5%) |
| Median Home Value | $407,338 |
| Average Home Value | $436,637 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
2,085
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Brantley • RE/MAX Advantage South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21421261
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.