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Single Family

Cashflow Thriller on Carol Villa!

233 Carol Villa Dr, Montgomery, AL 36109
3Beds
2Baths
1,539Sqft
1967Built
.45Lot
Buy & HoldRealtor / Listing Friendly

Investment Numbers

Purchase Price$149,900
Rehab Estimate$20,000
After Repair Value$175,000

Buy & Hold Analysis

Est. Monthly Rent$1,500
Est. Monthly Cash Flow$300
Cap Rate9.4%
Cash-on-Cash Return16.5%

Property Description

This 3-bedroom, 2-bath home offers 1,539 sq ft on a large 0.45-acre lot in Montgomery. Built in 1967, the property is in solid rental condition with key system updates already completed, making it a great fit for either a cash-flow rental or cosmetic flip. The home features a well-maintained HVAC system (2013) with new coils and bi-annual servicing, plus recently updated electrical boxes. The kitchen and bathrooms are functional and rental ready, while cosmetic updates like flooring, paint, and modern finishes could significantly increase value for a flip strategy.

Investment Highlights

Large Lot with Strong Rental Appeal
HVAC Professionally Maintained
Rental Ready Kitchen & Baths
Updated Electrical Boxes

Property Condition Details

Roof

15 years old

Fair
Flooring

Carpet

Fair
HVAC

Year 2013 with New Coils

Good
Paint
Needs Work
Kitchen
Good

Comparable Sales

663 Carol Villa

$212,000zillow
3 bd / 2 ba1,970 sqft· $108/sfSold 2025-09-290.49 mi away

616 Wanda Ct

$175,000zillow
3 bd / 2 ba1,611 sqft· $109/sfSold 2025-12-020.43 mi away

132 Lookout Ridge

$239,000zillow
4 bd / 2 ba1,936 sqft· $123/sfSold 2026-03-25686.43 mi away

643 Sandhurst Dr

$212,000zillow
3 bd / 2 ba1,765 sqft· $120/sfSold 2025-09-180.50 mi away

225 Carol Villa

$170,000zillow
3 bd / 2 ba1,693 sqft· $100/sfSold 2025-12-110.01 mi away

* Comps provided for investor reference. Verify independently before submitting an offer.

Contact Person

Lanier Harris

Lanier Harris

Neighborhood Deal Specialist

Submit Your Offer

233 Carol Villa Dr, Montgomery, AL 36109

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Contact

admin@redclaydeals.com
334-398-6334
445 Dexter Ave Suite 4050 Montgomery Al 36104

Legal

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