29115 County Road 14FlorenceAL35633
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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 29115 County Road 14, Florence, AL, 35633 uses $74,588 cash to close to unlock $14,271/yr annual cash flow and $1,189/mo monthly cash flow. Total monthly income runs $2,459/mo, and a $1,101/mo payment keeps the spread at $1,189/mo. Purchase price stands at $225,000, and rental yield measures 13.11% with $2,459/mo rent. Return on cash invested shows 39.04% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 204.77% and total cumulative return in cash records $152,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,459/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1958
2.47 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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Listed by: Chastidy Smith • Nxcel Realty
Mls Name: Strategic MLS Alliance
Mls ID: #524810
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.