🏠 High-Cash-Flow Rental Deal in Montgomery – Just $49,900!
If you’re looking for a low-cost rental with strong ROI, this 2 bed, 1 bath brick home on a slab in Montgomery is a great opportunity. With only light cosmetic updates needed and solid systems already in place, this property is ideal for buy-and-hold landlords, BRRRR investors, or anyone wanting double-digit returns in a rental-heavy area.
📍 4373 Wimbledon Rd, Montgomery, AL 36116
💲 Asking Price: $49,900
🛏 2 Bedrooms | 🛁 1 Bathroom | 📐 936 SqFt
🧱 Brick on Slab | Built 1989 | Lot Size: .153 Acres
📈 Rent Estimate: $750–$850/month
🛠️ Estimated Repairs: $5K–$7K
📊 Projected Cap Rate: 16%–18.5% (post-renovation)
🔧 Property Highlights:
Roof: ~15 years old, in good condition with no leaks
HVAC: 2.5-ton unit installed in 2014
Kitchen: Good shape — just needs appliances
Flooring: LPV throughout, carpet in bedrooms should be replaced
Interior Paint: Needed + light patchwork
Bathroom: In rental-ready condition
✅ Why Investors Like This Deal:
Low all-in cost (~$55K–$57K total w/ light rehab)
Rent comps support up to $850/mo
Strong cash flow with minimal maintenance needed
Brick construction = long-term durability
Excellent for BRRRR strategy, long-term rental, or Section 8
📦 Sold As-Is | Off-Market | Cash or Hard Money Only
📲 Contact us today to get access, photos, or run the numbers — this deal is priced to move fast.
Comps/ARV:
Comp 1: 6021 Cherry Hill Rd sold for 77,000 @ $70/sqft and is a 3/2 1105 sqft on 5/1/2024
Comp 2: 5952 Oakleigh Rd sold for 70,000 @ $57/sqft and is a 3/1 1227 sqft on 10/30/2024
Comp 3: 6169 Eric Ln sold for 100,000 @ $90/sqft and is a 3/2 1107 sqft on 5/14/2024
Comp 4: 6140 Eric Ln sold for 62,500 @ $59/sqft and is a 3/1.5 1062 sqft on 5/17/2024
Comp 5: 4443 Wimbledon Rd sold for 75,000 @ $63/sqft and is a 3/2 1186 sqft on 8/30/2024