3338 Biltmore AveMontgomeryAL36109
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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 3338 Biltmore Ave, Montgomery, AL, 36109 generates $1,205/mo in rent and, after a $749/mo payment, leaves $341/mo in cash flow. Total monthly income is $1,205/mo, and annual cash flow is $4,095/yr on $50,720 invested. Return on cash invested sits at 27.98% in year one, and rental yield is 9.45% on a $153,000 entry. Equity gained on principal adds $987/yr, while 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 145.51% and total cumulative return in cash sums $73,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,205/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.33 Acres 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: Keith Elmore • LEM Realty, LLC.
Mls Name: MAAR
Mls ID: #582391