106 Lambeth 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
Rental property for sale in Florence at 106 Lambeth St, Florence, AL, 35633 priced at $332,000 pairs $2,648/mo rent with $758/mo cash flow after a $1,625/mo payment. Total monthly income equals $2,648/mo, and annual cash flow comes to $9,099/yr on $110,058 invested. Return on cash invested is 28.18% in year one, and rental yield stands at 9.57% on a $332,000 basis. Equity gained on principal adds $2,142/yr, and 5% annual appreciation accumulates to $91,725 by year five. Five-year ROI measures 146.57% and total cumulative return in cash reaches $161,307. For financing, Ziffy Mortgage’s DSCR program evaluates $2,648/mo property income against a $1,625/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.82 Acres 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: Kandace Rhodes • MarMac Real Estate - The Shoals
Mls Name: Strategic MLS Alliance
Mls ID: #509731
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.