22243 Begonia StFloralaAL36442
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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 22243 Begonia St, Florala, AL, 36442 listed at $130,000 pairs $1,174/mo rent with a $636/mo payment to leave $441/mo cash flow. Total monthly income runs $1,174/mo, and annual cash flow reaches $5,286/yr on $43,095 cash to close. Return on cash invested measures 32.17% in year one, and rental yield registers 10.84% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 167.97% and total cumulative return in cash totals $72,387. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,174/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
5,793 sqft 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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Listed by: Rachael P Porche • ALABAMA LAND & HOME, LLC
Mls Name: Covington AOR
Mls Provider:
Mls ID: #24519
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.