111 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
Rental property for sale in New Market at 111 Sidney Ruth Dr, New Market, AL, 35761 offers $2,518/mo rent that, after a $1,560/mo payment, leaves $719/mo cash flow. Total monthly income is $2,518/mo, and annual cash flow is $8,627/yr on $105,664 cash. Return on cash invested measures 28.07% in year one, and rental yield stands at 9.48% at a $318,744 entry. Equity gained on principal adds $2,057/yr while 5% annual appreciation compounds into $88,063 by year five. Five-year ROI records 145.89% and total cumulative return in cash reaches $154,157. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,518/mo property income versus a $1,560/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,147 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: Kevin Moebes • Adams Homes LLC
Mls Name: ValleyMLS
Mls ID: #21893480