1672 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 1672 Gilmer Ave, Montgomery, AL, 36104 generates $2,015/mo in rent and, after a $1,477/mo payment, leaves $304/mo in cash flow. Total monthly income is $2,015/mo, and annual cash flow is $3,647/yr on $100,014 invested. Return on cash invested sits at 23.56% in year one, and rental yield is 8.01% on a $301,700 entry. Equity gained on principal adds $1,947/yr, while 5% annual appreciation builds toward $83,354 over five years. Five-year ROI reaches 121.72% and total cumulative return in cash sums $121,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,015/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.50 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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