102 Glenda LnMontgomeryAL36108
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 102 Glenda Ln, Montgomery, AL, 36108 in Montgomery: $1,690/mo in rent, $732/mo net, 11.95% gross yield, all on a $169,612 acquisition. The 2.21 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $46,861 in value, and $1,562/yr in principal paydown steadily builds equity. Projected total cumulative return: $111,040.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 7.0% |
| Monthly Cash Flow | $732 | $500 |
City averages based on Montgomery market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,690 |
| Total Monthly Debt Service | $890 |
| DSCR Ratio | 1.90x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36108, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,859 (100%) |
| Owner Occupied HU | 3,960 (44.7%) |
| Renter Occupied HU | 3,066 (34.6%) |
| Vacant Housing Units | 1,833 (20.7%) |
| Median Home Value | $94,277 |
| Average Home Value | $170,963 |
Housing Distribution
Address Breakdown
Residential
7,894
Single Family
7,120
Multi-Family
774
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1963
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36108, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,859 (100%) |
| Owner Occupied HU | 3,960 (44.7%) |
| Renter Occupied HU | 3,066 (34.6%) |
| Vacant Housing Units | 1,833 (20.7%) |
| Median Home Value | $94,277 |
| Average Home Value | $170,963 |
Housing Distribution
Address Breakdown
Residential
7,894
Single Family
7,120
Multi-Family
774
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew R. McMullin • Real Broker, LLC.
Mls Name: MAAR
Mls ID: #563281