2044 Merrily DrMontgomeryAL36111
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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
Investment property for sale in Montgomery at 2044 Merrily Dr, Montgomery, AL, 36111 listed at $120,000 pairs $965/mo rent with a $587/mo payment to leave $288/mo cash flow. Total monthly income runs $965/mo, and annual cash flow reaches $3,456/yr on $39,780 cash to close. Return on cash invested measures 28.6% in year one, and rental yield registers 9.65% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 148.71% and total cumulative return in cash totals $59,155. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $965/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36111, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,650 (100%) |
| Owner Occupied HU | 3,015 (53.4%) |
| Renter Occupied HU | 1,998 (35.4%) |
| Vacant Housing Units | 637 (11.3%) |
| Median Home Value | $210,299 |
| Average Home Value | $276,216 |
Housing Distribution
Address Breakdown
Residential
5,518
Single Family
4,591
Multi-Family
927
Businesses
232
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Listed by: Matthew R. McMullin • Real Broker, LLC.
Mls Name: MAAR
Mls ID: #561175