713 Amity LnMontgomeryAL36117
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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 713 Amity Ln, Montgomery, AL, 36117 uses $46,410 cash to close to unlock $8,376/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $1,488/mo, and a $685/mo payment keeps the spread at $698/mo. Purchase price stands at $140,000, and rental yield measures 12.75% with $1,488/mo rent. Return on cash invested shows 37.96% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 198.91% and total cumulative return in cash records $92,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,488/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1979
10,018 sqft 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: Keith Elmore • LEM Realty, LLC.
Mls Name: MAAR
Mls ID: #582141