11977 Highway 17FlorenceAL35633
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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 11977 Highway 17, Florence, AL, 35633 offers a 6.19% rental yield on a $384,900 purchase with $1,986/mo rent. 15% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,341 over five years. Portfolio math shows five-year ROI at 92.73% and total cumulative return in cash at $118,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,986/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
4.40 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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