45 Goggins 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 45 Goggins Dr, Montevallo, AL, 35115 with 5% annual appreciation on a $150,000 basis while $1,201/mo rent supports operations. Total monthly income totals $1,201/mo and a $734/mo payment preserves $355/mo for cash returns. Annual cash flow comes to $4,254/yr on $49,725 deployed, and return on cash invested reaches 28.46% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.61%. Five-year ROI measures 148.07% and total cumulative return in cash totals $73,626.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,201/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.89 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: Cindy Hilbrich • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls ID: #21438265