1102 Montgomery AveAtmoreAL36502
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1102 Montgomery Ave, Atmore, AL, 36502 in Atmore is a solid income-producing rental, 8.2% gross yield, $1,230/mo rent, $215/mo net cash flow on a $179,900 buy. DSCR 1.52 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $49,703 and $1,657/yr in principal reduction project a total cumulative return of $81,646.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 8.0% |
| Monthly Cash Flow | $215 | $500 |
City averages based on Atmore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,230 |
| Total Monthly Debt Service | $944 |
| DSCR Ratio | 1.30x |
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 1966
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36502, Atmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,598 (100%) |
| Owner Occupied HU | 4,436 (58.4%) |
| Renter Occupied HU | 2,196 (28.9%) |
| Vacant Housing Units | 966 (12.7%) |
| Median Home Value | $150,761 |
| Average Home Value | $170,867 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,691
Multi-Family
255
Businesses
559
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 1966
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36502, Atmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,598 (100%) |
| Owner Occupied HU | 4,436 (58.4%) |
| Renter Occupied HU | 2,196 (28.9%) |
| Vacant Housing Units | 966 (12.7%) |
| Median Home Value | $150,761 |
| Average Home Value | $170,867 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,691
Multi-Family
255
Businesses
559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices