1065 Montevallo RdLeedsAL35094
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Leeds at 1065 Montevallo Rd, Leeds, AL, 35094 offers $859/mo rent that, after a $558/mo payment, leaves $173/mo cash flow. Total monthly income is $859/mo, and annual cash flow is $2,074/yr on $37,791 cash. Return on cash invested measures 25.4% in year one, and rental yield stands at 9.04% at a $114,000 entry. Equity gained on principal adds $736/yr while 5% annual appreciation compounds into $31,496 by year five. Five-year ROI records 132.05% and total cumulative return in cash reaches $49,903. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $859/mo property income versus a $558/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35094, Leeds, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,693 (100%) |
| Owner Occupied HU | 4,525 (67.6%) |
| Renter Occupied HU | 1,660 (24.8%) |
| Vacant Housing Units | 508 ( 7.6%) |
| Median Home Value | $244,824 |
| Average Home Value | $296,299 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
6,716
Multi-Family
73
Businesses
617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Deemer • RealtySouth-Northern Office
Mls Name: GALMLS
Mls Provider:
Mls ID: #21387085
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.