18004 NW 55TH PLACEAlachuaFL32615
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 18004 NW 55TH PLACE, Alachua, FL, 32615 in Alachua offers a clean, manageable entry. Rental yield 6.01%. DSCR 1.06 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $148,916 in additional property value over five years, with $4,518/yr in principal equity building ownership stake. Total projected cumulative return: $138,911.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.0% |
| Monthly Cash Flow | $(877) | $200 |
City averages based on Alachua market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,700 |
| Total Monthly Debt Service | $3,494 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32615, Alachua, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,783 (100%) |
| Owner Occupied HU | 5,984 (76.9%) |
| Renter Occupied HU | 1,318 (16.9%) |
| Vacant Housing Units | 481 ( 6.2%) |
| Median Home Value | $371,740 |
| Average Home Value | $415,490 |
Housing Distribution
Address Breakdown
Residential
6,804
Single Family
5,621
Multi-Family
1,183
Businesses
375
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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
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