516 E Fairview AveMontgomeryAL36106
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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 516 E Fairview Ave, Montgomery, AL, 36106 at $375,000 posts ROI 30.85% with $1,134/mo cash flow from $3,250/mo rent. Total monthly income equals $3,250/mo, and annual cash flow records $13,605/yr on $124,313 to close. Return on cash invested measures 30.85% and rental yield reads 10.4% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 160.8% and total cumulative return in cash totals $199,899.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,250/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36106, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,180 (100%) |
| Owner Occupied HU | 3,692 (51.4%) |
| Renter Occupied HU | 2,809 (39.1%) |
| Vacant Housing Units | 679 ( 9.5%) |
| Median Home Value | $240,108 |
| Average Home Value | $287,861 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
6,712
Multi-Family
18
Businesses
954
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Nearby investment properties with comparable prices
Listed by: Carlyle Chandler • Chandler Realty LLC
Mls Name: MAAR
Mls ID: #574642