152 Olde Hearth RdNew MarketAL35761
Nearby investment properties with comparable rents
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
Rental property for sale in New Market at 152 Olde Hearth Rd, New Market, AL, 35761 generates $2,518/mo in rent and, after a $1,241/mo payment, leaves $1,054/mo in cash flow. Total monthly income is $2,518/mo, and annual cash flow is $12,642/yr on $84,052 invested. Return on cash invested sits at 34.95% in year one, and rental yield is 11.92% on a $253,550 entry. Equity gained on principal adds $1,636/yr, while 5% annual appreciation builds toward $70,051 over five years. Five-year ROI reaches 182.97% and total cumulative return in cash sums $153,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,518/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,680 sqft lot
$N/A/sqft
$400 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stanford Stephens • Lennar Homes Coastal Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21897531
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS