112 Oakview StFlorenceAL35633
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
Investment Highlights
Rental property for sale in Florence at 112 Oakview St, Florence, AL, 35633 offers $2,342/mo rent that, after a $1,162/mo payment, leaves $998/mo cash flow. Total monthly income is $2,342/mo, and annual cash flow is $11,973/yr on $78,731 cash. Return on cash invested measures 35.12% in year one, and rental yield stands at 11.83% at a $237,500 entry. Equity gained on principal adds $1,533/yr while 5% annual appreciation compounds into $65,617 by year five. Five-year ROI records 183.71% and total cumulative return in cash reaches $144,633. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,342/mo property income versus a $1,162/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Babs Moody • Renaissance Realty
Mls Name: Strategic MLS Alliance
Mls ID: #524966
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.