112 Shin Point RdNew HopeAL35760
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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 Hope at 112 Shin Point Rd, New Hope, AL, 35760 earns $306/mo cash flow from $1,096/mo rent with a $685/mo payment. Total monthly income totals $1,096/mo, and annual cash flow totals $3,673/yr on $46,377 capital. ROI tracks 27.83% on current figures, and rental yield reads 9.4% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 144.7% and total cumulative return in cash sums $67,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,096/mo property income instead of your personal income.
Single Family
Built in 1962
13.20 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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