1517 Westminster DrMontgomeryAL36117
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 1517 Westminster Dr, Montgomery, AL, 36117 priced at $120,000 pairs $1,799/mo rent with $1,049/mo cash flow after a $587/mo payment. Total monthly income equals $1,799/mo, and annual cash flow comes to $12,590/yr on $39,780 invested. Return on cash invested is 51.56% in year one, and rental yield stands at 17.99% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 272.75% and total cumulative return in cash reaches $108,499. For financing, Ziffy Mortgage’s DSCR program evaluates $1,799/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A