420 Shoshone DrMontevalloAL35115
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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 420 Shoshone Dr, Montevallo, AL, 35115 offers a 8.51% rental yield on a $284,850 purchase with $2,021/mo rent. Total monthly income registers $2,021/mo, and a $1,394/mo payment leaves $292/mo available for distribution. Annual cash flow reaches $3,499/yr on $94,428 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,699 over five years. Portfolio math shows five-year ROI at 122.58% and total cumulative return in cash at $115,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,021/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.48 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: Christopher Creel • Avast Realty- Birmingham
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418505
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.