2045 Gorgas StMontgomeryAL36106
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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 2045 Gorgas St, Montgomery, AL, 36106 offers a 9.21% rental yield on a $125,000 purchase with $959/mo rent. Total monthly income registers $959/mo, and a $612/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,505/yr on $41,438 to close, and return on cash invested stands at 25.95% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 135.02% and total cumulative return in cash at $55,949. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $959/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
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: Donna H. Cox • IronGate Real Estate
Mls Name: MAAR
Mls Provider:
Mls ID: #574386
Disclaimer: Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. Real estate listings held by brokerage firms other than Zillow, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.