3217 Old Wetumpka HwyMontgomeryAL36110
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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 3217 Old Wetumpka Hwy, Montgomery, AL, 36110 uses $45,648 cash to close to unlock $4,989/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $1,193/mo, and a $674/mo payment keeps the spread at $416/mo. Purchase price stands at $137,700, and rental yield measures 10.4% with $1,193/mo rent. Return on cash invested shows 30.84% in year one, and 5% annual appreciation builds toward $38,044 over five years. Five-year ROI reaches 160.77% and total cumulative return in cash records $73,388. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,193/mo property income covering a $674/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36110, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,225 (100%) |
| Owner Occupied HU | 2,236 (42.8%) |
| Renter Occupied HU | 2,133 (40.8%) |
| Vacant Housing Units | 856 (16.4%) |
| Median Home Value | $84,037 |
| Average Home Value | $182,234 |
Housing Distribution
Address Breakdown
Residential
4,871
Single Family
4,576
Multi-Family
295
Businesses
361
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Listed by: Gaynelle Harris • We Shine Realty Experts, LLC.
Mls Name: MAAR
Mls ID: #581235