409 E Lakeside Dr, Florence, AL, 35630 | 4.85% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Florence at 409 E Lakeside Dr, Florence, AL, 35630 earns from $914/mo rent with a $1,106/mo payment. Total monthly income totals $914/mo. ROI tracks 14.12% on current figures, and rental yield reads 4.85% at a $226,000 purchase. Equity gained on principal adds $1,458/yr, and 5% annual appreciation supports $62,440 over five years. Five-year ROI reaches 71.1% and total cumulative return in cash sums $53,267. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $914/mo property income instead of your personal income.

Single Family

Built in 1965

0.28 Acres 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