118 Madison Ave, New Hope, AL, 35760 | $785/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Hope at 118 Madison Ave, New Hope, AL, 35760 at $285,000 posts ROI 29.88% with $785/mo cash flow from $2,394/mo rent. Total monthly income equals $2,394/mo, and annual cash flow records $9,423/yr on $94,478 to close. Return on cash invested measures 29.88% and rental yield reads 10.08% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 155.65% and total cumulative return in cash totals $147,054.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

8,712 sqft 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