294 Montgomery StGoshenAL36035
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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 Goshen at 294 Montgomery St, Goshen, AL, 36035 listed at $430,000 pairs $2,267/mo rent with a $2,105/mo payment. Total monthly income runs $2,267/mo. Return on cash invested measures 18.56% in year one, and rental yield registers 6.33% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 94.88% and total cumulative return in cash totals $135,243. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,267/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36035, Goshen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 584 (66.0%) |
| Renter Occupied HU | 185 (20.9%) |
| Vacant Housing Units | 116 (13.1%) |
| Median Home Value | $131,579 |
| Average Home Value | $182,397 |
Housing Distribution
Address Breakdown
Residential
902
Single Family
902
Multi-Family
0
Businesses
44
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