2688 Alabama St #25MontevalloAL35115
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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 2688 Alabama St #25, Montevallo, AL, 35115 earns $1,143/mo cash flow from $2,214/mo rent with a $929/mo payment. Total monthly income totals $2,214/mo, and annual cash flow totals $13,711/yr on $62,952 capital. ROI tracks 41.69% on current figures, and rental yield reads 13.99% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 218.96% and total cumulative return in cash sums $137,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,214/mo property income instead of your personal income.
Single Family
Built in 1939
0.49 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
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Listed by: Holly Deavers • EXIT Royal Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21432354
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.