615 Hubbard StMontgomeryAL36106
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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 615 Hubbard St, Montgomery, AL, 36106 priced at $134,900 converts $1,070/mo rent into $309/mo cash flow after a $660/mo obligation. Total monthly income equals $1,070/mo, and annual cash flow totals $3,706/yr on $44,719 invested. Return on cash invested prints 28.2% in year one, and rental yield reads 9.52% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 146.55% and total cumulative return in cash sums $65,537. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,070/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1938
0.29 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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Listed by: Belissia Haynes • X-Clusive Realty
Mls Name: MAAR
Mls ID: #580488