1469 Carpenter RdNewtonAL36352
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- 4 Bed
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- 3 Bed
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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 Newton at 1469 Carpenter Rd, Newton, AL, 36352 with 5% annual appreciation on a $110,000 basis while $2,060/mo rent supports operations. Total monthly income totals $2,060/mo and a $538/mo payment preserves $1,383/mo for cash returns. Annual cash flow comes to $16,596/yr on $36,465 deployed, and return on cash invested reaches 65.42% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 22.47%. Five-year ROI measures 347.02% and total cumulative return in cash totals $126,540.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,060/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36352, Newton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,551 (100%) |
| Owner Occupied HU | 1,837 (72.0%) |
| Renter Occupied HU | 501 (19.6%) |
| Vacant Housing Units | 213 ( 8.3%) |
| Median Home Value | $275,000 |
| Average Home Value | $273,688 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,318
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
- 4 Bed
- 3 Bath
- 1876 sft
- 3 Bed
- 2 Bath
- 1932 sft
Nearby investment properties with comparable prices
Listed by: Matt Martin • Big Creek Real Estate
Mls Name: SAMLS
Mls ID: #200144
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.