814 Montero 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
Investment property for sale in Montgomery at 814 Montero Dr, Montgomery, AL, 36110 uses $48,068 cash to close to unlock $6,759/yr annual cash flow and $563/mo monthly cash flow. Total monthly income runs $1,382/mo, and a $710/mo payment keeps the spread at $563/mo. Purchase price stands at $145,000, and rental yield measures 11.44% with $1,382/mo rent. Return on cash invested shows 33.97% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 177.59% and total cumulative return in cash records $85,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,382/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1996
8,276 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyneshia Hasberry • Berryville Realty LLC.
Mls Name: MAAR
Mls ID: #582892