981 Lincoln St EThorsbyAL35171
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 981 Lincoln St E, Thorsby, AL, 35171 in Thorsby. At $239,000 it earns $1,828/mo in rent and distributes $454/mo to the owner after the $1,075/mo payment, a consistent 9.18% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $66,031 in value; $2,201/yr in principal paydown compounds ownership stake. Total projected return: $119,437.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $454 | $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 | $1,828 |
| Total Monthly Debt Service | $1,278 |
| DSCR Ratio | 1.43x |
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 1974
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35171, Thorsby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 1,316 (77.4%) |
| Renter Occupied HU | 231 (13.6%) |
| Vacant Housing Units | 153 ( 9.0%) |
| Median Home Value | $194,844 |
| Average Home Value | $222,990 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
73
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 1974
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35171, Thorsby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 1,316 (77.4%) |
| Renter Occupied HU | 231 (13.6%) |
| Vacant Housing Units | 153 ( 9.0%) |
| Median Home Value | $194,844 |
| Average Home Value | $222,990 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy Pate • RealtySouth - Chilton II
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398429
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.