721 Lakeside DrFlorenceAL35630
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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 721 Lakeside Dr, Florence, AL, 35630 with 5% annual appreciation on a $249,500 basis while $2,208/mo rent supports operations. Total monthly income totals $2,208/mo and a $1,221/mo payment preserves $747/mo for cash returns. Annual cash flow comes to $8,960/yr on $82,709 deployed, and return on cash invested reaches 30.74% in year one. Equity gained on principal adds $1,610/yr, and five-year appreciation sums $68,932 alongside rental yield of 10.62%. Five-year ROI measures 160.51% and total cumulative return in cash totals $132,753.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,208/mo property income versus a $1,221/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
0.34 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 |
Housing Distribution
Address Breakdown
Residential
15,486
Single Family
13,092
Multi-Family
2,394
Businesses
1,907
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