507 Palafox StFlomatonAL36441
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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 Flomaton at 507 Palafox St, Flomaton, AL, 36441 at $100,842 posts ROI 28.47% with $238/mo cash flow from $808/mo rent. Total monthly income equals $808/mo, and annual cash flow records $2,860/yr on $33,429 to close. Return on cash invested measures 28.47% and rental yield reads 9.62% at the current $100,842. Equity gained on principal adds $651/yr, and 5% annual appreciation supports $27,861 by year five. Five-year ROI prints 148.12% and total cumulative return in cash totals $49,516.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $808/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
0.27 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
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Listed by: Sheila Dixon • Sun & Sandal Properties LLC
Mls Name: SAMLS
Mls ID: #198000
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.