8637 Lenox WayMontgomeryAL36116
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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
Rental property for sale in Montgomery at 8637 Lenox Way, Montgomery, AL, 36116 priced at $444,900 pairs $2,130/mo rent with after a $2,178/mo payment. Total monthly income equals $2,130/mo. Return on cash invested is 15.07% in year one, and rental yield stands at 5.75% on a $444,900 basis. Equity gained on principal adds $2,871/yr, and 5% annual appreciation accumulates to $122,918 by year five. Five-year ROI measures 76.83% and total cumulative return in cash reaches $113,317. For financing, Ziffy Mortgage’s DSCR program evaluates $2,130/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
N/A lot
$N/A/sqft
$406 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36116, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,731 (100%) |
| Owner Occupied HU | 8,809 (42.5%) |
| Renter Occupied HU | 9,974 (48.1%) |
| Vacant Housing Units | 1,948 ( 9.4%) |
| Median Home Value | $162,402 |
| Average Home Value | $247,377 |
Housing Distribution
Address Breakdown
Residential
18,818
Single Family
13,921
Multi-Family
4,897
Businesses
1,059
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Listed by: Charlsey C. Adkins-Wills • Wills Property Group
Mls Name: MAAR
Mls Provider:
Mls ID: #572098
Disclaimer: Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. Real estate listings held by brokerage firms other than Zillow, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.