2060 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 2060 Gorgas St, Montgomery, AL, 36106 earns $836/mo cash flow from $1,739/mo rent with a $783/mo payment. Total monthly income totals $1,739/mo, and annual cash flow totals $10,032/yr on $53,040 capital. ROI tracks 38.82% on current figures, and rental yield reads 13.04% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 203.55% and total cumulative return in cash sums $107,966. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,739/mo property income instead of your personal income.
Single Family
Built in 1949
0.35 Acres 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: Steven Dillard • RE/MAX Properties LLC
Mls Name: MAAR
Mls ID: #578555