108 Charing CrossFlorenceAL35633
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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 108 Charing Cross, Florence, AL, 35633 listed at $322,500 pairs $2,350/mo rent with a $1,578/mo payment to leave $530/mo cash flow. Total monthly income runs $2,350/mo, and annual cash flow reaches $6,361/yr on $106,909 cash to close. Return on cash invested measures 25.86% in year one, and rental yield registers 8.74% at a $322,500 basis. Equity gained on principal adds $2,081/yr, and annual property appreciation at 5% supports $89,101 by year five. Five-year ROI tracks 134.06% and total cumulative return in cash totals $143,324. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,350/mo property income relative to a $1,578/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.38 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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