329 Northwestern DrMontgomeryAL36109
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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 329 Northwestern Dr, Montgomery, AL, 36109 generates $968/mo in rent and, after a $611/mo payment, leaves $263/mo in cash flow. Total monthly income is $968/mo, and annual cash flow is $3,160/yr on $41,404 invested. Return on cash invested sits at 27.54% in year one, and rental yield is 9.3% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 143.14% and total cumulative return in cash sums $59,266. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $968/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36109, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,022 (100%) |
| Owner Occupied HU | 6,978 (63.3%) |
| Renter Occupied HU | 3,255 (29.5%) |
| Vacant Housing Units | 789 ( 7.2%) |
| Median Home Value | $154,173 |
| Average Home Value | $182,479 |
Housing Distribution
Address Breakdown
Residential
10,699
Single Family
10,450
Multi-Family
249
Businesses
765
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Listed by: Casey Johnson • Harris And Atkins Real Estate
Mls Name: MAAR
Mls ID: #580935