TURNKEY CASH-FLOWING ASSET | MHA TENANT AT $1,300/MO | MAJOR EMPLOYMENT CORRIDOR
Instant gross cash flow from day one! This 3 BR / 2 BA single-story brick home (1,441 sqft) comes fully tenant-occupied at $1,300/month backed by MHA (Montgomery Housing Authority). Situated on a quiet street in Southlawn, this low-maintenance slab-foundation home featuring interior updates—including laminate flooring, open living layout, and modern appliances—offers an exceptional, hands-off add to any real estate portfolio.
Strategic Industrial & Tech Hub Location:
Perfectly positioned just minutes from Montgomery Regional Airport (MGM), Hyundai Motor Manufacturing, Amazon Fulfillment Center, FedEx Freight, and I-65. Even better: it sits directly in the growth shadow of Meta’s new $1.5B+ Data Center campus currently under construction/expansion, bringing thousands of trade workers and long-term tech jobs to the immediate submarket.
Tenant Draw & Convenience:
Blocks from Southlawn Elementary and Middle Schools, family care clinics, and a quick 10-minute commute to Downtown Montgomery. Low annual property taxes ($440/yr) maximize net operating income. Do not miss this high-performing income generator.
307 Daman Dr (Subject Property): Tax Assessed at $100,100. Automated Valuation Models (AVMs) estimate value between $130,000 – $140,000.
423 Daman Dr: 3 BD / 2 BA (1,460 sq ft) – Sold for $120,000
377 Green Leaf Dr: 3 BD / 2 BA (1,792 sq ft) – Sold for ~$125,000–$135,000+
308 Upton Rd: 3 BD / 2 BA (1,301 sq ft) – Sold recently in the $95k–$110k range
Property Features
Cooling Information
Central Air
Electric
Heating Information
Central
Natural Gas
Utilities
Cable Available
Natural Gas Available
Water Features
Public
Parking
Driveway
School Information
School Information for 307 DAMAN Drive, Montgomery, AL 36108
Elementary School
Southlawn Elementary School
Middle School
Southlawn Middle School,
High School
Carver Senior High School
Listing Courtesy: The Ville Real Estate - 615-593-9669