3123 Norman Bridge RdMontgomeryAL36105
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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
Rental property for sale in Montgomery at 3123 Norman Bridge Rd, Montgomery, AL, 36105 generates $1,500/mo in rent and, after a $847/mo payment, leaves $523/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $6,279/yr on $57,350 invested. Return on cash invested sits at 30.86% in year one, and rental yield is 10.4% on a $173,000 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation builds toward $47,797 over five years. Five-year ROI reaches 160.89% and total cumulative return in cash sums $92,271. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36105, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,109 (100%) |
| Owner Occupied HU | 2,443 (47.8%) |
| Renter Occupied HU | 1,669 (32.7%) |
| Vacant Housing Units | 997 (19.5%) |
| Median Home Value | $96,058 |
| Average Home Value | $158,936 |
Housing Distribution
Address Breakdown
Residential
4,329
Single Family
4,267
Multi-Family
62
Businesses
331
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Listed by: Tyneshia Hasberry • Berryville Realty LLC.
Mls Name: MAAR
Mls ID: #579377