1818 Tune AveFlorenceAL35630
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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 1818 Tune Ave, Florence, AL, 35630 uses $64,643 cash to close to unlock $8,949/yr annual cash flow and $746/mo monthly cash flow. Total monthly income runs $1,846/mo, and a $954/mo payment keeps the spread at $746/mo. Purchase price stands at $195,000, and rental yield measures 11.36% with $1,846/mo rent. Return on cash invested shows 33.75% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 176.37% and total cumulative return in cash records $114,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,846/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35630, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,154 (100%) |
| Owner Occupied HU | 6,455 (37.6%) |
| Renter Occupied HU | 8,765 (51.1%) |
| Vacant Housing Units | 1,934 (11.3%) |
| Median Home Value | $192,213 |
| Average Home Value | $243,941 |
Housing Distribution
Address Breakdown
Residential
15,486
Single Family
13,092
Multi-Family
2,394
Businesses
1,907
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