140 County Road 1040MontevalloAL35115
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 Montevallo at 140 County Road 1040, Montevallo, AL, 35115 generates $1,267/mo in rent and, after a $881/mo payment, leaves $210/mo in cash flow. Total monthly income is $1,267/mo, and annual cash flow is $2,520/yr on $59,637 invested. Return on cash invested sits at 24.13% in year one, and rental yield is 8.45% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 125.07% and total cumulative return in cash sums $74,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,267/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
4 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Mims • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21394618
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.