2300 Chappell DrMontgomeryAL36108
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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 2300 Chappell Dr, Montgomery, AL, 36108 offers a 9.49% rental yield on a $123,000 purchase with $973/mo rent. Total monthly income registers $973/mo, and a $602/mo payment leaves $279/mo available for distribution. Annual cash flow reaches $3,345/yr on $40,775 to close, and return on cash invested stands at 28.11% in year one. Equity gained on principal adds $794/yr while 5% annual appreciation supports $33,983 over five years. Portfolio math shows five-year ROI at 146.15% and total cumulative return in cash at $59,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $973/mo property income against a $602/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Floyd Murry • RE/MAX Tri-Star
Mls Name: MAAR
Mls ID: #582389