444 County Road 320FlorenceAL35634
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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
Rental property for sale in Florence at 444 County Road 320, Florence, AL, 35634 generates $1,799/mo in rent, after a $1,738/mo payment. Total monthly income is $1,799/mo. Return on cash invested sits at 17.82% in year one, and rental yield is 6.08% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 90.91% and total cumulative return in cash sums $106,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,799/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
6.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35634, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,052 (100%) |
| Owner Occupied HU | 3,757 (74.4%) |
| Renter Occupied HU | 789 (15.6%) |
| Vacant Housing Units | 506 (10.0%) |
| Median Home Value | $294,579 |
| Average Home Value | $371,757 |
Housing Distribution
Address Breakdown
Residential
4,809
Single Family
4,706
Multi-Family
103
Businesses
203
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Listed by: Ted L Wylie • APEX Realty Group LLC
Mls Name: Strategic MLS Alliance
Mls ID: #523693
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.