24779 State Highway 176CollinsvilleAL35961
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 24779 State Highway 176, Collinsville, AL, 35961 in Collinsville. Priced at $107,000, it generates $1,195/mo in gross rent and $591/mo in net monthly cash flow, a 13.4% yield that comfortably supports the 2.48 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,095. Five-year appreciation: $29,562. Equity from principal paydown: $985/yr. Total projected cumulative return: $78,372.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 6.2% |
| Monthly Cash Flow | $591 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,195 |
| Total Monthly Debt Service | $561 |
| DSCR Ratio | 2.13x |
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 1994
5.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35961, Collinsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,613 (62.3%) |
| Renter Occupied HU | 620 (23.9%) |
| Vacant Housing Units | 356 (13.8%) |
| Median Home Value | $159,182 |
| Average Home Value | $218,946 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,970
Multi-Family
36
Businesses
90
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 1994
5.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35961, Collinsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,613 (62.3%) |
| Renter Occupied HU | 620 (23.9%) |
| Vacant Housing Units | 356 (13.8%) |
| Median Home Value | $159,182 |
| Average Home Value | $218,946 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,970
Multi-Family
36
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Cunningham • Foothills Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21394381
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.