1113 W Montgomery AveSheffieldAL35660
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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 Sheffield at 1113 W Montgomery Ave, Sheffield, AL, 35660 with 5% annual appreciation on a $129,000 basis while $1,054/mo rent supports operations. Total monthly income totals $1,054/mo and a $631/mo payment preserves $326/mo for cash returns. Annual cash flow comes to $3,915/yr on $42,764 deployed, and return on cash invested reaches 29.06% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 9.8%. Five-year ROI measures 151.31% and total cumulative return in cash totals $64,705.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,054/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35660, Sheffield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,175 (100%) |
| Owner Occupied HU | 2,449 (47.3%) |
| Renter Occupied HU | 2,041 (39.4%) |
| Vacant Housing Units | 685 (13.2%) |
| Median Home Value | $137,199 |
| Average Home Value | $170,423 |
Housing Distribution
Address Breakdown
Residential
4,528
Single Family
3,667
Multi-Family
861
Businesses
499
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Listed by: Sunjay Dover • Modern Market Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #523707
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.