239 Nottingham RdMontgomeryAL36109
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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 239 Nottingham Rd, Montgomery, AL, 36109 earns $290/mo cash flow from $1,144/mo rent with a $699/mo payment. Total monthly income totals $1,144/mo, and annual cash flow totals $3,485/yr on $47,371 capital. ROI tracks 27.27% on current figures, and rental yield reads 9.61% at a $142,900 purchase. Equity gained on principal adds $922/yr, and 5% annual appreciation supports $39,481 over five years. Five-year ROI reaches 142.05% and total cumulative return in cash sums $67,293. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,144/mo property income instead of your personal income.
Single Family
Built in 1953
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36109, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,022 (100%) |
| Owner Occupied HU | 6,978 (63.3%) |
| Renter Occupied HU | 3,255 (29.5%) |
| Vacant Housing Units | 789 ( 7.2%) |
| Median Home Value | $154,173 |
| Average Home Value | $182,479 |
Housing Distribution
Address Breakdown
Residential
10,699
Single Family
10,450
Multi-Family
249
Businesses
765
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Listed by: LaTarsha Shine • We Shine Realty Experts, LLC.
Mls Name: MAAR
Mls Provider:
Mls ID: #566145
Disclaimer: Information is deemed reliable, but not guaranteed. Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. Real estate listings held by brokerage firms other than Zillow, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.