10601 Evanwood CtMontgomeryAL36117
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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 10601 Evanwood Ct, Montgomery, AL, 36117 listed at $362,600 pairs $2,923/mo rent with a $1,775/mo payment to leave $856/mo cash flow. Total monthly income runs $2,923/mo, and annual cash flow reaches $10,273/yr on $120,202 cash to close. Return on cash invested measures 28.46% in year one, and rental yield registers 9.67% at a $362,600 basis. Equity gained on principal adds $2,340/yr, and annual property appreciation at 5% supports $100,180 by year five. Five-year ROI tracks 148.06% and total cumulative return in cash totals $177,970. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,923/mo property income relative to a $1,775/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.30 Acres lot
$N/A/sqft
$20 monthly 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: N/A • N/A
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