774 County Road 57FlorenceAL35633
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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 774 County Road 57, Florence, AL, 35633 uses $106,047 cash to close to unlock $5,617/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,566/mo payment keeps the spread at $468/mo. Purchase price stands at $319,900, and rental yield measures 8.53% with $2,274/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 130.57% and total cumulative return in cash records $138,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1966
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35633, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,363 (100%) |
| Owner Occupied HU | 6,846 (73.1%) |
| Renter Occupied HU | 1,753 (18.7%) |
| Vacant Housing Units | 764 ( 8.2%) |
| Median Home Value | $212,457 |
| Average Home Value | $235,077 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,535
Multi-Family
342
Businesses
275
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