1560 Gilmer AveMontgomeryAL36104
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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 1560 Gilmer Ave, Montgomery, AL, 36104 priced at $390,000 converts $2,275/mo rent into $65/mo cash flow after a $1,909/mo obligation. Total monthly income equals $2,275/mo, and annual cash flow totals $777/yr on $129,285 invested. Return on cash invested prints 20.51% in year one, and rental yield reads 7% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 105.38% and total cumulative return in cash sums $136,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,275/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 1939
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36104, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,824 (100%) |
| Owner Occupied HU | 939 (19.5%) |
| Renter Occupied HU | 2,442 (50.6%) |
| Vacant Housing Units | 1,443 (29.9%) |
| Median Home Value | $125,781 |
| Average Home Value | $238,222 |
Housing Distribution
Address Breakdown
Residential
3,761
Single Family
3,151
Multi-Family
610
Businesses
1,196
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