1550 Meriwether RdMontgomeryAL36117
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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 1550 Meriwether Rd, Montgomery, AL, 36117 priced at $675,000 pairs $4,464/mo rent with $654/mo cash flow after a $3,304/mo payment. Total monthly income equals $4,464/mo, and annual cash flow comes to $7,845/yr on $222,075 invested. Return on cash invested is 23.59% in year one, and rental yield stands at 7.94% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 121.84% and total cumulative return in cash reaches $270,579. For financing, Ziffy Mortgage’s DSCR program evaluates $4,464/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.49 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: Sam Fisher • RE/MAX Tri-Star
Mls Name: MAAR
Mls ID: #576130