6311 Charles Towne SqMontgomeryAL36117
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
Total monthly income runs $3,490/mo, and a $3,181/mo payment. Purchase price stands at $649,900, and rental yield measures 6.44% with $3,490/mo rent. Return on cash invested shows 19.06% in year one, and 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 97.53% and total cumulative return in cash records $208,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,490/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36117, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,007 (100%) |
| Owner Occupied HU | 13,567 (56.5%) |
| Renter Occupied HU | 8,597 (35.8%) |
| Vacant Housing Units | 1,843 ( 7.7%) |
| Median Home Value | $250,387 |
| Average Home Value | $309,204 |
Housing Distribution
Address Breakdown
Residential
23,587
Single Family
18,506
Multi-Family
5,081
Businesses
2,380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Betty Cannon • RE/MAX Properties II
Mls Name: MAAR
Mls ID: #581961