1057 Albert Mann RdNew HopeAL35760
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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 New Hope at 1057 Albert Mann Rd, New Hope, AL, 35760 with 5% annual appreciation on a $493,000 basis while $2,587/mo rent supports operations. 47% in year one. Equity gained on principal adds $3,181/yr, and five-year appreciation sums $136,207 alongside rental yield of 6.3%. Five-year ROI measures 94.44% and total cumulative return in cash totals $154,338. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,587/mo property income versus a $2,413/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35760, New Hope, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,374 (100%) |
| Owner Occupied HU | 1,678 (70.7%) |
| Renter Occupied HU | 522 (22.0%) |
| Vacant Housing Units | 174 ( 7.3%) |
| Median Home Value | $307,667 |
| Average Home Value | $420,265 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,194
Multi-Family
0
Businesses
103
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Listed by: Nancy Smith • Down Home Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21887568
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