944 E Fairview AveMontgomeryAL36106
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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 944 E Fairview Ave, Montgomery, AL, 36106 priced at $368,000 pairs $2,250/mo rent with $173/mo cash flow after a $1,801/mo payment. Total monthly income equals $2,250/mo, and annual cash flow comes to $2,076/yr on $121,992 invested. Return on cash invested is 21.61% in year one, and rental yield stands at 7.34% on a $368,000 basis. Equity gained on principal adds $2,375/yr, and 5% annual appreciation accumulates to $101,672 by year five. Five-year ROI measures 111.24% and total cumulative return in cash reaches $135,709. For financing, Ziffy Mortgage’s DSCR program evaluates $2,250/mo property income against a $1,801/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36106, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,180 (100%) |
| Owner Occupied HU | 3,692 (51.4%) |
| Renter Occupied HU | 2,809 (39.1%) |
| Vacant Housing Units | 679 ( 9.5%) |
| Median Home Value | $240,108 |
| Average Home Value | $287,861 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
6,712
Multi-Family
18
Businesses
954
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Listed by: A J Hayles • Red Tails Realty Group
Mls Name: MAAR
Mls ID: #579776