304 Hidden CtMontevalloAL35115
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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
Rental property for sale in Montevallo at 304 Hidden Ct, Montevallo, AL, 35115 offers $2,214/mo rent that, after a $1,150/mo payment, leaves $888/mo cash flow. Total monthly income is $2,214/mo, and annual cash flow is $10,653/yr on $77,903 cash. Return on cash invested measures 33.58% in year one, and rental yield stands at 11.31% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 175.47% and total cumulative return in cash reaches $136,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,214/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,969 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: Lannette Thomas • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls ID: #21434027