2976 Old Farm RdMontgomeryAL36111
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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 2976 Old Farm Rd, Montgomery, AL, 36111 offers a 8.95% rental yield on a $189,000 purchase with $1,410/mo rent. Total monthly income registers $1,410/mo, and a $925/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,119/yr on $62,654 to close, and return on cash invested stands at 26.48% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 137.42% and total cumulative return in cash at $86,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,410/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1975
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36111, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,650 (100%) |
| Owner Occupied HU | 3,015 (53.4%) |
| Renter Occupied HU | 1,998 (35.4%) |
| Vacant Housing Units | 637 (11.3%) |
| Median Home Value | $210,299 |
| Average Home Value | $276,216 |
Housing Distribution
Address Breakdown
Residential
5,518
Single Family
4,591
Multi-Family
927
Businesses
232
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Listed by: Linda Gugliotta Bassett • Barbara Bonds Real Estate
Mls Name: MAAR
Mls ID: #581022