1908 Norman Bridge CtMontgomeryAL36104
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1908 Norman Bridge Ct, Montgomery, AL, 36104 in Montgomery speaks for itself: 13.16% gross on a $139,900 price, generating $1,534/mo in rent and $744/mo in net income after the $629/mo debt service. DSCR 2.44, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,932 stacks alongside $38,652 in projected five-year appreciation and $1,288/yr in principal reduction. Projected total cumulative return: $100,672.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 7.0% |
| Monthly Cash Flow | $744 | $500 |
City averages based on Montgomery market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,534 |
| Total Monthly Debt Service | $734 |
| DSCR Ratio | 2.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1935
9,583 sqft 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
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
Single Family
Built in 1935
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hayden M. Hudson • Legacy Homes Realty Inc
Mls Name: MAAR
Mls ID: #581417