305 Redfield RdFlorenceAL35633
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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 305 Redfield Rd, Florence, AL, 35633 at $315,900 posts ROI 22.2% with $200/mo cash flow from $1,987/mo rent. Total monthly income equals $1,987/mo, and annual cash flow records $2,401/yr on $104,721 to close. Return on cash invested measures 22.2% and rental yield reads 7.55% at the current $315,900. Equity gained on principal adds $2,038/yr, and 5% annual appreciation supports $87,277 by year five. Five-year ROI prints 114.49% and total cumulative return in cash totals $119,892.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,987/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.40 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: Chris Boatwright • EXIT Realty Shoals
Mls Name: Strategic MLS Alliance
Mls ID: #521974
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.