1091 Pilgrim LnMontevalloAL35115
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
Investment property for sale in Montevallo at 1091 Pilgrim Ln, Montevallo, AL, 35115 at $335,900 posts ROI 26.14% with $578/mo cash flow from $2,474/mo rent. Total monthly income equals $2,474/mo, and annual cash flow records $6,937/yr on $111,351 to close. Return on cash invested measures 26.14% and rental yield reads 8.84% at the current $335,900. Equity gained on principal adds $2,168/yr, and 5% annual appreciation supports $92,803 by year five. Five-year ROI prints 135.57% and total cumulative return in cash totals $150,963.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,474/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35115, Montevallo, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,341 (100%) |
| Owner Occupied HU | 4,029 (63.5%) |
| Renter Occupied HU | 1,782 (28.1%) |
| Vacant Housing Units | 530 ( 8.4%) |
| Median Home Value | $233,994 |
| Average Home Value | $308,258 |
Housing Distribution
Address Breakdown
Residential
6,312
Single Family
6,203
Multi-Family
109
Businesses
302
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Listed by: Ron Fulton Fulton • LGI Homes- Alabama LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21387436
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.