632 Overlook DrMonroevilleAL36460
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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 Monroeville at 632 Overlook Dr, Monroeville, AL, 36460 priced at $529,800 pairs $3,998/mo rent with $1,008/mo cash flow after a $2,593/mo payment. Total monthly income equals $3,998/mo, and annual cash flow comes to $12,092/yr on $174,304 invested. Return on cash invested is 27% in year one, and rental yield stands at 9.06% on a $529,800 basis. Equity gained on principal adds $3,419/yr, and 5% annual appreciation accumulates to $146,374 by year five. Five-year ROI measures 140.11% and total cumulative return in cash reaches $244,216. For financing, Ziffy Mortgage’s DSCR program evaluates $3,998/mo property income against a $2,593/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,919 (100%) |
| Owner Occupied HU | 2,845 (57.8%) |
| Renter Occupied HU | 1,296 (26.3%) |
| Vacant Housing Units | 778 (15.8%) |
| Median Home Value | $172,455 |
| Average Home Value | $206,851 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
3,954
Multi-Family
317
Businesses
392
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