2144 Rexford Rd #2144 & 2148MontgomeryAL36116
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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 2144 Rexford Rd #2144 & 2148, Montgomery, AL, 36116 generates $2,130/mo in rent and, after a $1,710/mo payment, leaves $158/mo in cash flow. Total monthly income is $2,130/mo, and annual cash flow is $1,896/yr on $115,788 invested. Return on cash invested sits at 21.55% in year one, and rental yield is 7.32% on a $349,285 entry. Equity gained on principal adds $2,254/yr, while 5% annual appreciation builds toward $96,501 over five years. Five-year ROI reaches 110.96% and total cumulative return in cash sums $128,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,130/mo property income rather than buyer’s personal income.
Multi Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36116, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,731 (100%) |
| Owner Occupied HU | 8,809 (42.5%) |
| Renter Occupied HU | 9,974 (48.1%) |
| Vacant Housing Units | 1,948 ( 9.4%) |
| Median Home Value | $162,402 |
| Average Home Value | $247,377 |
Housing Distribution
Address Breakdown
Residential
18,818
Single Family
13,921
Multi-Family
4,897
Businesses
1,059
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Listed by: Patrice S. McKay • CMP Realty Partners
Mls Name: MAAR
Mls ID: #583210