1950 Prescott RdFloralaAL36442
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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
Investment Highlights
Investment property for sale in Florala at 1950 Prescott Rd, Florala, AL, 36442 uses $62,952 cash to close to unlock $14,767/yr annual cash flow and $1,231/mo monthly cash flow. Total monthly income runs $2,302/mo, and a $929/mo payment keeps the spread at $1,231/mo. Purchase price stands at $189,900, and rental yield measures 14.55% with $2,302/mo rent. Return on cash invested shows 43.37% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 227.95% and total cumulative return in cash records $143,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,302/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1957
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36442, Florala, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,827 (100%) |
| Owner Occupied HU | 999 (54.7%) |
| Renter Occupied HU | 435 (23.8%) |
| Vacant Housing Units | 393 (21.5%) |
| Median Home Value | $162,284 |
| Average Home Value | $178,839 |
Housing Distribution
Address Breakdown
Residential
1,637
Single Family
1,561
Multi-Family
76
Businesses
150
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