262 Lakefront CirSummerdaleAL36580
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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
Rental property for sale in Summerdale at 262 Lakefront Cir, Summerdale, AL, 36580 priced at $252,500 pairs $2,345/mo rent with $844/mo cash flow after a $1,236/mo payment. Total monthly income equals $2,345/mo, and annual cash flow comes to $10,126/yr on $83,704 invested. Return on cash invested is 32.01% in year one, and rental yield stands at 11.14% on a $252,500 basis. Equity gained on principal adds $1,629/yr, and 5% annual appreciation accumulates to $69,761 by year five. Five-year ROI measures 167.39% and total cumulative return in cash reaches $140,115. For financing, Ziffy Mortgage’s DSCR program evaluates $2,345/mo property income against a $1,236/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.28 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36580, Summerdale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 2,223 (71.9%) |
| Renter Occupied HU | 548 (17.7%) |
| Vacant Housing Units | 319 (10.3%) |
| Median Home Value | $342,723 |
| Average Home Value | $409,308 |
Housing Distribution
Address Breakdown
Residential
2,647
Single Family
2,647
Multi-Family
0
Businesses
221
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Listed by: Heather Ingram • OG REAL ESTATE LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #382191
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.