2745 N Wallace DrMontgomeryAL36116
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
Investment Highlights
Investment property for sale in Montgomery at 2745 N Wallace Dr, Montgomery, AL, 36116 earns $304/mo cash flow from $1,037/mo rent with a $636/mo payment. Total monthly income totals $1,037/mo, and annual cash flow totals $3,642/yr on $43,095 capital. ROI tracks 28.36% on current figures, and rental yield reads 9.57% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 147.5% and total cumulative return in cash sums $63,567. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,037/mo property income instead of your personal income.
Single Family
Built in 1968
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36116, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,731 (100%) |
| Owner Occupied HU | 8,809 (42.5%) |
| Renter Occupied HU | 9,974 (48.1%) |
| Vacant Housing Units | 1,948 ( 9.4%) |
| Median Home Value | $162,402 |
| Average Home Value | $247,377 |
Housing Distribution
Address Breakdown
Residential
18,818
Single Family
13,921
Multi-Family
4,897
Businesses
1,059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melinda M. Lambert • EXIT Realty Legacy Homes
Mls Name: MAAR
Mls ID: #579773