532 Park Lake DrMontgomeryAL36117
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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 Montgomery at 532 Park Lake Dr, Montgomery, AL, 36117 earns $616/mo cash flow from $1,858/mo rent with a $1,077/mo payment. Total monthly income totals $1,858/mo, and annual cash flow totals $7,392/yr on $72,930 capital. ROI tracks 30.04% on current figures, and rental yield reads 10.13% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 156.46% and total cumulative return in cash sums $114,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,858/mo property income instead of your personal income.
Single Family
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36117, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,007 (100%) |
| Owner Occupied HU | 13,567 (56.5%) |
| Renter Occupied HU | 8,597 (35.8%) |
| Vacant Housing Units | 1,843 ( 7.7%) |
| Median Home Value | $250,387 |
| Average Home Value | $309,204 |
Housing Distribution
Address Breakdown
Residential
23,587
Single Family
18,506
Multi-Family
5,081
Businesses
2,380
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Listed by: Keith Roll • Capital Rlty Grp River Region
Mls Name: MAAR
Mls ID: #579137