Zipcode - 36109: Difficult to get the property rented?

12 Replies | Montgomery, Alabama

I am looking to purchase a SFR in 36109 zip code and while researching a bit I found some houses on market for rent for 180 - 200 days. Anyone invested there or familiar with the area? Any PMs, who manage the property in the area? What is the average days to rent a property?

36109 is an good rental area here in Montgomery. I'm a Realtor if you need any help. Also @Jessica Wilson with PMI River Region is a good PM here with plenty of properties in that area.

@Andrew Howell

Hi there, I’m looking at purchasing a turnkey property which is tenant occupied paying $1,050 in 36109 (Morningview neighborhood). 2748 Crestview Ave.

The tenant is on a 2 year lease and the house is 2,200 sq ft.

The house is very nice but I’m concerned future tenants won’t want to pay that amount compared to nearby rental comps.

Thoughts?

Thanks!

Colleen

Originally posted by @Colleen Pelliccia-Lavin :

@Andrew Howell

Hi there, I’m looking at purchasing a turnkey property which is tenant occupied paying $1,050 in 36109 (Morningview neighborhood). 2748 Crestview Ave.

The tenant is on a 2 year lease and the house is 2,200 sq ft.

The house is very nice but I’m concerned future tenants won’t want to pay that amount compared to nearby rental comps.

Thoughts?

Thanks!

Colleen



 $20MM in renovations (Garrett Coliseum) might be incentive to pay that amount