29364 Lakeview DrArdmoreAL35739
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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 Ardmore at 29364 Lakeview Dr, Ardmore, AL, 35739 earns $650/mo cash flow from $1,802/mo rent with a $979/mo payment. Total monthly income totals $1,802/mo, and annual cash flow totals $7,804/yr on $66,300 capital. ROI tracks 31.68% on current figures, and rental yield reads 10.81% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 165.44% and total cumulative return in cash sums $109,688. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,802/mo property income instead of your personal income.
Single Family
Built in 1978
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35739, Ardmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,718 (72.0%) |
| Renter Occupied HU | 508 (21.3%) |
| Vacant Housing Units | 159 ( 6.7%) |
| Median Home Value | $265,580 |
| Average Home Value | $305,860 |
Housing Distribution
Address Breakdown
Residential
2,466
Single Family
2,438
Multi-Family
28
Businesses
136
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Listed by: Blake Cantrell • Kendall James Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21895829
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