23 N Pennsylvania 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 23 N Pennsylvania St, Montgomery, AL, 36107 uses $43,427 cash to close to unlock $4,017/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $1,074/mo, and a $641/mo payment keeps the spread at $335/mo. Purchase price stands at $131,000, and rental yield measures 9.84% with $1,074/mo rent. Return on cash invested shows 29.16% in year one, and 5% annual appreciation builds toward $36,193 over five years. Five-year ROI reaches 151.74% and total cumulative return in cash records $65,897. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $641/mo payment rather than investor’s personal income.
Single Family
Built in 1925
5,227 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: Derriet Moore • Elite Realty
Mls Name: MAAR
Mls ID: #579269