106 Sidney Ruth DrNew MarketAL35761
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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
Investment property for sale in New Market at 106 Sidney Ruth Dr, New Market, AL, 35761 listed at $283,288 pairs $2,518/mo rent with a $1,387/mo payment to leave $919/mo cash flow. Total monthly income runs $2,518/mo, and annual cash flow reaches $11,022/yr on $93,910 cash to close. Return on cash invested measures 31.65% in year one, and rental yield registers 10.67% at a $283,288 basis. Equity gained on principal adds $1,828/yr, and annual property appreciation at 5% supports $78,267 by year five. Five-year ROI tracks 165.08% and total cumulative return in cash totals $155,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,518/mo property income relative to a $1,387/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35761, New Market, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,282 (100%) |
| Owner Occupied HU | 4,333 (82.0%) |
| Renter Occupied HU | 721 (13.7%) |
| Vacant Housing Units | 228 ( 4.3%) |
| Median Home Value | $300,175 |
| Average Home Value | $356,524 |
Housing Distribution
Address Breakdown
Residential
5,791
Single Family
5,790
Multi-Family
1
Businesses
141
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Listed by: Mikaela Williams • Adams Homes LLC
Mls Name: ValleyMLS
Mls ID: #21908341