3308 Harrison RdMontgomeryAL36109
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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 3308 Harrison Rd, Montgomery, AL, 36109 earns $215/mo cash flow from $864/mo rent with a $563/mo payment. Total monthly income totals $864/mo, and annual cash flow totals $2,577/yr on $38,123 capital. ROI tracks 26.67% on current figures, and rental yield reads 9.02% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 138.4% and total cumulative return in cash sums $52,761. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $864/mo property income instead of your personal income.
Single Family
Built in 1960
8,276 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: Matthew R. McMullin • Real Broker, LLC.
Mls Name: MAAR
Mls ID: #561191