1241 Kirkwood DrMontgomeryAL36117
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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
Rental property for sale in Montgomery at 1241 Kirkwood Dr, Montgomery, AL, 36117 generates $3,490/mo in rent, after a $3,304/mo payment. Total monthly income is $3,490/mo. Return on cash invested sits at 18.33% in year one, and rental yield is 6.2% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 93.62% and total cumulative return in cash sums $207,903. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,490/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
8.70 Acres lot
$N/A/sqft
No 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: William F. Davis • Reid & Davis Realtors, LLC.
Mls Name: MAAR
Mls ID: #580976