1312 Hillman StMontgomeryAL36109
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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 1312 Hillman St, Montgomery, AL, 36109 offers a 8.84% rental yield on a $239,000 purchase with $1,760/mo rent. Total monthly income registers $1,760/mo, and a $1,170/mo payment leaves $411/mo available for distribution. Annual cash flow reaches $4,929/yr on $79,229 to close, and return on cash invested stands at 26.13% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 135.5% and total cumulative return in cash at $107,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,760/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36109, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,022 (100%) |
| Owner Occupied HU | 6,978 (63.3%) |
| Renter Occupied HU | 3,255 (29.5%) |
| Vacant Housing Units | 789 ( 7.2%) |
| Median Home Value | $154,173 |
| Average Home Value | $182,479 |
Housing Distribution
Address Breakdown
Residential
10,699
Single Family
10,450
Multi-Family
249
Businesses
765
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Listed by: Bertie Owens • Century 21 Brandt Wright
Mls Name: MAAR
Mls ID: #581712