205 Flurnoy AveFlorenceAL35633
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
Investment property for sale in Florence at 205 Flurnoy Ave, Florence, AL, 35633 with 5% annual appreciation on a $234,000 basis while $1,611/mo rent supports operations. Total monthly income totals $1,611/mo and a $1,145/mo payment preserves $291/mo for cash returns. Annual cash flow comes to $3,486/yr on $77,571 deployed, and return on cash invested reaches 24.4% in year one. Equity gained on principal adds $1,510/yr, and five-year appreciation sums $64,650 alongside rental yield of 8.26%. Five-year ROI measures 126.25% and total cumulative return in cash totals $97,935.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,611/mo property income versus a $1,145/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
0.28 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