2650 County Road 219FlorenceAL35633
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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
Total monthly income runs $3,086/mo, and a $2,994/mo payment. Purchase price stands at $611,700, and rental yield measures 6.05% with $3,086/mo rent. Return on cash invested shows 17.87% in year one, and 5% annual appreciation builds toward $169,001 over five years. Five-year ROI reaches 91.19% and total cumulative return in cash records $183,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,086/mo property income covering a $2,994/mo payment rather than investor’s personal income.
Single Family
Built in 2019
16 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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