641 E Edgemont AveMontgomeryAL36111
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Montgomery rental at 641 E Edgemont Ave, Montgomery, AL, 36111 sits in the solid-income band: 9.27% gross yield, $1,119/mo rent, $301/mo net after the $652/mo debt service, DSCR 1.72. Entry price of $144,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $40,033 and $1,335/yr in principal reduction bring total cumulative return to $73,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $301 | $500 |
City averages based on Montgomery market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,119 |
| Total Monthly Debt Service | $760 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36111, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,650 (100%) |
| Owner Occupied HU | 3,015 (53.4%) |
| Renter Occupied HU | 1,998 (35.4%) |
| Vacant Housing Units | 637 (11.3%) |
| Median Home Value | $210,299 |
| Average Home Value | $276,216 |
Housing Distribution
Address Breakdown
Residential
5,518
Single Family
4,591
Multi-Family
927
Businesses
232
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
Single Family
Built in 1939
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36111, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,650 (100%) |
| Owner Occupied HU | 3,015 (53.4%) |
| Renter Occupied HU | 1,998 (35.4%) |
| Vacant Housing Units | 637 (11.3%) |
| Median Home Value | $210,299 |
| Average Home Value | $276,216 |
Housing Distribution
Address Breakdown
Residential
5,518
Single Family
4,591
Multi-Family
927
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannen O'Leary • Harris And Atkins Real Estate
Mls Name: MAAR
Mls ID: #581931