216 N Panama StMontgomeryAL36107
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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 216 N Panama St, Montgomery, AL, 36107 with 5% annual appreciation on a $137,500 basis while $1,052/mo rent supports operations. Total monthly income totals $1,052/mo and a $673/mo payment preserves $276/mo for cash returns. Annual cash flow comes to $3,311/yr on $45,581 deployed, and return on cash invested reaches 27.17% in year one. Equity gained on principal adds $887/yr, and five-year appreciation sums $37,989 alongside rental yield of 9.18%. Five-year ROI measures 141.07% and total cumulative return in cash totals $64,301.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,052/mo property income versus a $673/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36107, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 1,256 (29.4%) |
| Renter Occupied HU | 2,236 (52.3%) |
| Vacant Housing Units | 784 (18.3%) |
| Median Home Value | $112,719 |
| Average Home Value | $179,126 |
Housing Distribution
Address Breakdown
Residential
3,635
Single Family
3,331
Multi-Family
304
Businesses
437
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Listed by: Detria Fulmer • EXIT Royal Realty
Mls Name: GALMLS
Mls ID: #21436281