3135 Dobbs Dr #1MontgomeryAL36116
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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 3135 Dobbs Dr #1, Montgomery, AL, 36116 uses $36,134 cash to close to unlock $2,895/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $857/mo, and a $534/mo payment keeps the spread at $241/mo. Purchase price stands at $109,000, and rental yield measures 9.43% with $857/mo rent. Return on cash invested shows 27.92% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 145.19% and total cumulative return in cash records $52,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $857/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9,147 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
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Listed by: Keith Anthony • eXp Realty, LLC. - Southern Br
Mls Name: MAAR
Mls ID: #581870