Recently Funded DSCR Loan In Mobile, Alabama
Loan Scenario:
American Heritage Lending funded a $91,600 DSCR purchase for a newer investor on a single-family home in Mobile, Alabama, structured as a True Zero Point loan. The property appraised at $123,000, the loan came in at 80% loan-to-value, and the projected rent carried the payment with real room to spare at a 1.513 DSCR. For a borrower who already owns a primary residence and one investment property, this was a clean, high-coverage addition to a young portfolio, financed on a long-term 30-year schedule.
Mobile is Alabama’s Gulf Coast port city, with an economy anchored by shipbuilding, the Airbus assembly line, and a busy container terminal. Low entry prices paired with dependable blue-collar rental demand give the market some of the strongest cash-flow math in the Southeast, which is exactly what showed up in this deal’s debt-service coverage. For an investor building momentum, a zero-point purchase that cash-flows this comfortably is an ideal second step.
Looking to add a cash-flowing rental? Get prequalified with American Heritage Lending.
Similar Recently Funded Case Studies: DSCR Loan in Huntsville, AL • DSCR Loan in Montgomery, AL • DSCR Loan in Rochester, NY
Key Deal Points
| Address | Mobile, AL |
| Loan Type | DSCR Purchase |
| Borrower Profile | Newer Investor |
| Property Type | Single Family Detached |
| Appraised Value | $123,000 |
| Loan Amount | $91,600 |
| Loan To Value (LTV) | 80% |
| DSCR | 1.513 |
| Loan Term | 30-Year |
| Loan Structure | True Zero Point Loan |
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