10162 W Us Highway 84NewtonAL36352
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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
Rental property for sale in Newton at 10162 W Us Highway 84, Newton, AL, 36352 generates $1,364/mo in rent and, after a $685/mo payment, leaves $574/mo in cash flow. Total monthly income is $1,364/mo, and annual cash flow is $6,888/yr on $46,410 invested. Return on cash invested sits at 34.75% in year one, and rental yield is 11.69% on a $139,999 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 181.69% and total cumulative return in cash sums $84,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,364/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36352, Newton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,551 (100%) |
| Owner Occupied HU | 1,837 (72.0%) |
| Renter Occupied HU | 501 (19.6%) |
| Vacant Housing Units | 213 ( 8.3%) |
| Median Home Value | $275,000 |
| Average Home Value | $273,688 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,318
Multi-Family
0
Businesses
118
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