24200 McPhail Farm RdFloralaAL36442
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 24200 McPhail Farm Rd, Florala, AL, 36442 in Florala speaks for itself: 14.63% gross on a $101,800 price, generating $1,241/mo in rent and $666/mo in net income after the $458/mo debt service. DSCR 2.71, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,994 stacks alongside $28,125 in projected five-year appreciation and $938/yr in principal reduction. Projected total cumulative return: $81,236.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 8.0% |
| Monthly Cash Flow | $666 | $300 |
City averages based on Florala market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,241 |
| Total Monthly Debt Service | $534 |
| DSCR Ratio | 2.32x |
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.
Home Type Unknown
Built in N/A
N/A 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
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
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices