6110 Highway 10MontevalloAL35115
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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 6110 Highway 10, Montevallo, AL, 35115 listed at $115,000 pairs $925/mo rent with a $563/mo payment to leave $276/mo cash flow. Total monthly income runs $925/mo, and annual cash flow reaches $3,309/yr on $38,123 cash to close. Return on cash invested measures 28.59% in year one, and rental yield registers 9.65% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 148.69% and total cumulative return in cash totals $56,685. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $925/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1932
1.33 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: Candace Kromer • EXIT Royal Realty
Mls Name: GALMLS
Mls ID: #21441121