256 Ammersee Lakes DrMontevalloAL35115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Montevallo at 256 Ammersee Lakes Dr, Montevallo, AL, 35115 priced at $286,900 converts $2,046/mo rent into $427/mo cash flow after a $1,404/mo obligation. Total monthly income equals $2,046/mo, and annual cash flow totals $5,122/yr on $95,107 invested. Return on cash invested prints 25.29% in year one, and rental yield reads 8.56% against a $286,900 entry. Equity gained on principal adds $1,851/yr, while 5% annual appreciation compiles into $79,265 by year five. Five-year ROI reaches 131.01% and total cumulative return in cash sums $124,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,046/mo property income covering a $1,404/mo payment, not borrower’s personal income.
Single Family
Built in 2006
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35115, Montevallo, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,341 (100%) |
| Owner Occupied HU | 4,029 (63.5%) |
| Renter Occupied HU | 1,782 (28.1%) |
| Vacant Housing Units | 530 ( 8.4%) |
| Median Home Value | $233,994 |
| Average Home Value | $308,258 |
Housing Distribution
Address Breakdown
Residential
6,312
Single Family
6,203
Multi-Family
109
Businesses
302
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Listed by: Kelli Gunnells • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls ID: #21425427