101 Teks StFlorenceAL35633
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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 Florence at 101 Teks St, Florence, AL, 35633 listed at $179,500 pairs $1,600/mo rent with a $879/mo payment to leave $549/mo cash flow. Total monthly income runs $1,600/mo, and annual cash flow reaches $6,584/yr on $59,504 cash to close. Return on cash invested measures 30.97% in year one, and rental yield registers 10.7% at a $179,500 basis. Equity gained on principal adds $1,158/yr, and annual property appreciation at 5% supports $49,593 by year five. Five-year ROI tracks 161.76% and total cumulative return in cash totals $96,256. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,600/mo property income relative to a $879/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35633, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,363 (100%) |
| Owner Occupied HU | 6,846 (73.1%) |
| Renter Occupied HU | 1,753 (18.7%) |
| Vacant Housing Units | 764 ( 8.2%) |
| Median Home Value | $212,457 |
| Average Home Value | $235,077 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,535
Multi-Family
342
Businesses
275
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Listed by: Angela Chance • The Agency on Pine
Mls Name: Strategic MLS Alliance
Mls ID: #523742
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.