109 Alma Yates StQuincyFL32351
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 109 Alma Yates St, Quincy, FL, 32351 in Quincy, $118,000, 9.26% gross yield, $128/mo net income. Consider it a market-entry position, the $933/mo rent covers the $531/mo payment with a margin, and 5%/yr appreciation is projected to add $32,601 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.76) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $54,624.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $128 | $300 |
City averages based on Quincy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $933 |
| Total Monthly Debt Service | $736 |
| DSCR Ratio | 1.27x |
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.
Manufactured
Built in 1990
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32351, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,554 (60.2%) |
| Renter Occupied HU | 2,009 (26.6%) |
| Vacant Housing Units | 1,000 (13.2%) |
| Median Home Value | $152,517 |
| Average Home Value | $200,639 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
6,393
Multi-Family
304
Businesses
512
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
Manufactured
Built in 1990
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32351, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,554 (60.2%) |
| Renter Occupied HU | 2,009 (26.6%) |
| Vacant Housing Units | 1,000 (13.2%) |
| Median Home Value | $152,517 |
| Average Home Value | $200,639 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
6,393
Multi-Family
304
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Windy Grigsby • Clover Key Realty
Mls Name: TBR
Mls Provider:
Mls ID: #385122
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.