1200 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 1200 Albert Mann Rd, New Hope, AL, 35760 earns from $2,892/mo rent with a $3,142/mo payment. Total monthly income totals $2,892/mo. ROI tracks 15.9% on current figures, and rental yield reads 5.41% at a $642,000 purchase. Equity gained on principal adds $4,143/yr, and 5% annual appreciation supports $177,373 over five years. Five-year ROI reaches 80.62% and total cumulative return in cash sums $170,278. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,892/mo property income instead of your personal income.
Single Family
Built in 2009
3.60 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: Millie Savage • Capstone Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21890934
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