344 Bitford WayMontgomeryAL36108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 344 Bitford Way, Montgomery, AL, 36108 listed at $114,900 pairs $888/mo rent with a $562/mo payment to leave $240/mo cash flow. Total monthly income runs $888/mo, and annual cash flow reaches $2,878/yr on $38,089 cash to close. Return on cash invested measures 27.46% in year one, and rental yield registers 9.27% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 142.66% and total cumulative return in cash totals $54,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $888/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36108, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,859 (100%) |
| Owner Occupied HU | 3,960 (44.7%) |
| Renter Occupied HU | 3,066 (34.6%) |
| Vacant Housing Units | 1,833 (20.7%) |
| Median Home Value | $94,277 |
| Average Home Value | $170,963 |
Housing Distribution
Address Breakdown
Residential
7,894
Single Family
7,120
Multi-Family
774
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Atkins • Harris And Atkins Real Estate
Mls Name: MAAR
Mls ID: #581522