2020 Bullard St #A & BMontgomeryAL36106
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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 2020 Bullard St #A & B, Montgomery, AL, 36106 generates $1,163/mo in rent and, after a $801/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,163/mo, and annual cash flow is $2,872/yr on $54,233 invested. Return on cash invested sits at 25.2% in year one, and rental yield is 8.53% on a $163,599 entry. Equity gained on principal adds $1,056/yr, while 5% annual appreciation builds toward $45,199 over five years. Five-year ROI reaches 130.6% and total cumulative return in cash sums $70,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,163/mo property income rather than buyer’s personal income.
Townhouse
Built in 1945
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36106, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,180 (100%) |
| Owner Occupied HU | 3,692 (51.4%) |
| Renter Occupied HU | 2,809 (39.1%) |
| Vacant Housing Units | 679 ( 9.5%) |
| Median Home Value | $240,108 |
| Average Home Value | $287,861 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
6,712
Multi-Family
18
Businesses
954
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Listed by: Leif R. Dumm • Vida Property Management
Mls Name: MAAR
Mls ID: #580552