222 Woodcastle DrFlorenceAL35630
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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
Rental property for sale in Florence at 222 Woodcastle Dr, Florence, AL, 35630 generates $1,567/mo in rent and, after a $980/mo payment, leaves $425/mo in cash flow. Total monthly income is $1,567/mo, and annual cash flow is $5,099/yr on $66,399 invested. Return on cash invested sits at 27.59% in year one, and rental yield is 9.39% on a $200,300 entry. Equity gained on principal adds $1,293/yr, while 5% annual appreciation builds toward $55,339 over five years. Five-year ROI reaches 143.38% and total cumulative return in cash sums $95,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,567/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
5,662 sqft 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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