121 Destin StMontgomeryAL36110
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
Investment Highlights
Rental property for sale in Montgomery at 121 Destin St, Montgomery, AL, 36110 priced at $105,000 pairs $844/mo rent with $251/mo cash flow after a $514/mo payment. Total monthly income equals $844/mo, and annual cash flow comes to $3,015/yr on $34,808 invested. Return on cash invested is 28.57% in year one, and rental yield stands at 9.65% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 148.73% and total cumulative return in cash reaches $51,770. For financing, Ziffy Mortgage’s DSCR program evaluates $844/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36110, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,225 (100%) |
| Owner Occupied HU | 2,236 (42.8%) |
| Renter Occupied HU | 2,133 (40.8%) |
| Vacant Housing Units | 856 (16.4%) |
| Median Home Value | $84,037 |
| Average Home Value | $182,234 |
Housing Distribution
Address Breakdown
Residential
4,871
Single Family
4,576
Multi-Family
295
Businesses
361
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Listed by: Scott Burleson • EXIT Realty Pike Road
Mls Name: MAAR
Mls Provider:
Mls ID: #565774
Disclaimer: Information is deemed reliable, but not guaranteed. Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. Real estate listings held by brokerage firms other than Zillow, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.