2300 Chappell DrMontgomeryAL36108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2300 Chappell Dr, Montgomery, AL, 36108 in Montgomery: $973/mo in rent, $279/mo in net income, 9.49% gross yield, 1.76 DSCR, all at $123,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $33,983 in appreciation and $1,133/yr in principal paydown projects total cumulative return of $64,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $279 | $500 |
City averages based on Montgomery market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $973 |
| Total Monthly Debt Service | $645 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
8,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36108, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,859 (100%) |
| Owner Occupied HU | 3,960 (44.7%) |
| Renter Occupied HU | 3,066 (34.6%) |
| Vacant Housing Units | 1,833 (20.7%) |
| Median Home Value | $94,277 |
| Average Home Value | $170,963 |
Housing Distribution
Address Breakdown
Residential
7,894
Single Family
7,120
Multi-Family
774
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1978
8,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36108, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,859 (100%) |
| Owner Occupied HU | 3,960 (44.7%) |
| Renter Occupied HU | 3,066 (34.6%) |
| Vacant Housing Units | 1,833 (20.7%) |
| Median Home Value | $94,277 |
| Average Home Value | $170,963 |
Housing Distribution
Address Breakdown
Residential
7,894
Single Family
7,120
Multi-Family
774
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Floyd Murry • RE/MAX Tri-Star
Mls Name: MAAR
Mls ID: #582389