2306 Parc PlFlorenceAL35630
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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 2306 Parc Pl, Florence, AL, 35630 listed at $271,500 pairs $2,066/mo rent with a $1,329/mo payment to leave $528/mo cash flow. Total monthly income runs $2,066/mo, and annual cash flow reaches $6,340/yr on $90,002 cash to close. Return on cash invested measures 26.95% in year one, and rental yield registers 9.13% at a $271,500 basis. Equity gained on principal adds $1,752/yr, and annual property appreciation at 5% supports $75,010 by year five. Five-year ROI tracks 139.96% and total cumulative return in cash totals $125,968. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,066/mo property income relative to a $1,329/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
8,712 sqft lot
$N/A/sqft
$60 annually 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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Listed by: Lydia Collins • Southern Lakes Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #518562
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.