6437 E Patrick CtMontgomeryAL36117
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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 6437 E Patrick Ct, Montgomery, AL, 36117 listed at $247,200 pairs $2,050/mo rent with a $1,210/mo payment to leave $638/mo cash flow. Total monthly income runs $2,050/mo, and annual cash flow reaches $7,650/yr on $81,947 cash to close. Return on cash invested measures 29.24% in year one, and rental yield registers 9.95% at a $247,200 basis. Equity gained on principal adds $1,595/yr, and annual property appreciation at 5% supports $68,297 by year five. Five-year ROI tracks 152.3% and total cumulative return in cash totals $124,807. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,050/mo property income relative to a $1,210/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.29 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
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Listed by: N/A • N/A
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