40 Watson CirMontgomeryAL36109
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
Rental property for sale in Montgomery at 40 Watson Cir, Montgomery, AL, 36109 priced at $585,000 converts $2,680/mo rent into after a $2,863/mo obligation. Total monthly income equals $2,680/mo. Return on cash invested prints 16.18% in year one, and rental yield reads 5.5% against a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation compiles into $161,625 by year five. Five-year ROI reaches 82.12% and total cumulative return in cash sums $158,058. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,680/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 1987
5.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca L. Haigler • New Waters Realty LLC
Mls Name: MAAR
Mls ID: #577795