5934 Highway 10MontevalloAL35115
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
Investment property for sale in Montevallo at 5934 Highway 10, Montevallo, AL, 35115 uses $80,886 cash to close to unlock $3,886/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $1,735/mo, and a $1,194/mo payment keeps the spread at $324/mo. Purchase price stands at $244,000, and rental yield measures 8.53% with $1,735/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $67,413 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash records $103,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,735/mo property income covering a $1,194/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.51 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: Emily Stone • EXIT Realty Cahaba
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399065
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.