634 Sannoner AveFlorenceAL35630
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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 634 Sannoner Ave, Florence, AL, 35630 uses $41,438 cash to close to unlock $951/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $785/mo, and a $612/mo payment keeps the spread at $79/mo. Purchase price stands at $125,000, and rental yield measures 7.54% with $785/mo rent. Return on cash invested shows 22.2% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 114.52% and total cumulative return in cash records $47,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $785/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,276 sqft 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 |
Housing Distribution
Address Breakdown
Residential
15,486
Single Family
13,092
Multi-Family
2,394
Businesses
1,907
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