700 Lismore PlMontgomeryAL36117
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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 Montgomery at 700 Lismore Pl, Montgomery, AL, 36117 priced at $320,000 pairs $2,623/mo rent with $817/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,623/mo, and annual cash flow comes to $9,804/yr on $106,080 invested. Return on cash invested is 29.15% in year one, and rental yield stands at 9.84% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 151.68% and total cumulative return in cash reaches $160,899. For financing, Ziffy Mortgage’s DSCR program evaluates $2,623/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
7,380 sqft 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: Marian Hollis • Top Tier Realty
Mls Name: MAAR
Mls ID: #578680