Memphis Plan, BriarwoodAlachuaFL32615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at Memphis Plan, Briarwood, Alachua, FL, 32615 in Alachua speaks for itself: 10.89% gross on a $299,900 price, generating $2,720/mo in rent and $730/mo in net income after the $1,349/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,763 stacks alongside $82,857 in projected five-year appreciation and $2,762/yr in principal reduction. Projected total cumulative return: $161,251.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $730 | $200 |
City averages based on Alachua market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,720 |
| Total Monthly Debt Service | $1,871 |
| DSCR Ratio | 1.45x |
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.
Single Family
Built in 2026
N/A 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
Single Family
Built in 2026
N/A 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
