21235 Highway 31FlomatonAL36441
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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 Flomaton at 21235 Highway 31, Flomaton, AL, 36441 earns $796/mo cash flow from $1,724/mo rent with a $805/mo payment. Total monthly income totals $1,724/mo, and annual cash flow totals $9,548/yr on $54,532 capital. ROI tracks 37.42% on current figures, and rental yield reads 12.58% at a $164,500 purchase. Equity gained on principal adds $1,061/yr, and 5% annual appreciation supports $45,448 over five years. Five-year ROI reaches 196.02% and total cumulative return in cash sums $106,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,724/mo property income instead of your personal income.
Single Family
Built in 1953
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36441, Flomaton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 1,181 (67.4%) |
| Renter Occupied HU | 351 (20.0%) |
| Vacant Housing Units | 221 (12.6%) |
| Median Home Value | $161,887 |
| Average Home Value | $219,558 |
Housing Distribution
Address Breakdown
Residential
1,506
Single Family
1,465
Multi-Family
41
Businesses
131
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Listed by: Jennifer White • FirstSouth Properties
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #383043
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.