2123 County Road 112FlorenceAL35633
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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 2123 County Road 112, Florence, AL, 35633 uses $71,273 cash to close to unlock $9,069/yr annual cash flow and $756/mo monthly cash flow. Total monthly income runs $1,969/mo, and a $1,052/mo payment keeps the spread at $756/mo. Purchase price stands at $215,000, and rental yield measures 10.99% with $1,969/mo rent. Return on cash invested shows 32.63% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 170.36% and total cumulative return in cash records $121,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,969/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.61 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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