24415 NW 90th PlAlachuaFL32615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 24415 NW 90th Pl, Alachua, FL, 32615 in Alachua. Priced at $250,000, it generates $2,400/mo in gross rent and $741/mo in net monthly cash flow, a 11.52% yield that comfortably supports the 2.14 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,891. Five-year appreciation: $69,070. Equity from principal paydown: $2,303/yr. Total projected cumulative return: $142,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.0% |
| Monthly Cash Flow | $741 | $200 |
City averages based on Alachua market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $1,560 |
| DSCR Ratio | 1.54x |
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.
Manufactured
Built in 1990
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32615, Alachua, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,783 (100%) |
| Owner Occupied HU | 5,984 (76.9%) |
| Renter Occupied HU | 1,318 (16.9%) |
| Vacant Housing Units | 481 ( 6.2%) |
| Median Home Value | $371,740 |
| Average Home Value | $415,490 |
Housing Distribution
Address Breakdown
Residential
6,804
Single Family
5,621
Multi-Family
1,183
Businesses
375
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
Manufactured
Built in 1990
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32615, Alachua, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,783 (100%) |
| Owner Occupied HU | 5,984 (76.9%) |
| Renter Occupied HU | 1,318 (16.9%) |
| Vacant Housing Units | 481 ( 6.2%) |
| Median Home Value | $371,740 |
| Average Home Value | $415,490 |
Housing Distribution
Address Breakdown
Residential
6,804
Single Family
5,621
Multi-Family
1,183
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices