680 N Shore DrFlorenceAL35634
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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 680 N Shore Dr, Florence, AL, 35634 with 5% annual appreciation on a $1,650,000 basis while $2,518/mo rent supports operations. 12% in year one. Equity gained on principal adds $10,647/yr, and five-year appreciation sums $455,865 alongside rental yield of 1.83%. Five-year ROI measures 22.69% and total cumulative return in cash totals $121,277. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,518/mo property income versus a $8,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.74 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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