21235 Highway 31FlomatonAL36441
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow21235 Highway 31, Flomaton, AL, 36441 in Flomaton earns its strong cash-flow label: 12.58% yield, $1,724/mo rent, $796/mo net income, DSCR 2.33. The $164,500 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $45,448 by year five. Combined with $1,515/yr in principal paydown, total projected return reaches $113,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.0% |
| Monthly Cash Flow | $796 | $300 |
City averages based on Flomaton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,724 |
| Total Monthly Debt Service | $863 |
| DSCR Ratio | 2.00x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.