700 E Gardendale DrMontgomeryAL36110
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
Rental property for sale in Montgomery at 700 E Gardendale Dr, Montgomery, AL, 36110 offers $1,542/mo rent that, after a $808/mo payment, leaves $610/mo cash flow. Total monthly income is $1,542/mo, and annual cash flow is $7,323/yr on $54,698 cash. Return on cash invested measures 33.3% in year one, and rental yield stands at 11.21% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 174% and total cumulative return in cash reaches $95,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,542/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36110, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,225 (100%) |
| Owner Occupied HU | 2,236 (42.8%) |
| Renter Occupied HU | 2,133 (40.8%) |
| Vacant Housing Units | 856 (16.4%) |
| Median Home Value | $84,037 |
| Average Home Value | $182,234 |
Housing Distribution
Address Breakdown
Residential
4,871
Single Family
4,576
Multi-Family
295
Businesses
361
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Listed by: Tamara D. Hartley • EXIT Garth Realty
Mls Name: MAAR
Mls ID: #580253