844 E Edgemont AveMontgomeryAL36111
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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 844 E Edgemont Ave, Montgomery, AL, 36111 uses $41,438 cash to close to unlock $8,009/yr annual cash flow and $667/mo monthly cash flow. Total monthly income runs $1,402/mo, and a $612/mo payment keeps the spread at $667/mo. Purchase price stands at $125,000, and rental yield measures 13.46% with $1,402/mo rent. Return on cash invested shows 39.24% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 206.14% and total cumulative return in cash records $85,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,402/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.43 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
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