1937 James AveMontgomeryAL36107
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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 1937 James Ave, Montgomery, AL, 36107 generates $1,229/mo in rent and, after a $710/mo payment, leaves $410/mo in cash flow. Total monthly income is $1,229/mo, and annual cash flow is $4,923/yr on $48,068 invested. Return on cash invested sits at 30.15% in year one, and rental yield is 10.17% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 157.15% and total cumulative return in cash sums $75,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,229/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36107, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 1,256 (29.4%) |
| Renter Occupied HU | 2,236 (52.3%) |
| Vacant Housing Units | 784 (18.3%) |
| Median Home Value | $112,719 |
| Average Home Value | $179,126 |
Housing Distribution
Address Breakdown
Residential
3,635
Single Family
3,331
Multi-Family
304
Businesses
437
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Listed by: Tony Alvarez • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls ID: #21421922