1122 Montevallo RdCentrevilleAL35042
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 Centreville at 1122 Montevallo Rd, Centreville, AL, 35042 generates $2,773/mo in rent, after a $2,863/mo payment. Total monthly income is $2,773/mo. Return on cash invested sits at 16.76% in year one, and rental yield is 5.69% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 85.23% and total cumulative return in cash sums $164,046. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,773/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
17.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35042, Centreville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,618 (100%) |
| Owner Occupied HU | 1,547 (59.1%) |
| Renter Occupied HU | 707 (27.0%) |
| Vacant Housing Units | 364 (13.9%) |
| Median Home Value | $161,572 |
| Average Home Value | $182,723 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,545
Multi-Family
0
Businesses
240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Scott • Claire Realty
Mls Name: GALMLS
Mls ID: #21436878