15638 Highway 167New BrocktonAL36351
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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 Brockton at 15638 Highway 167, New Brockton, AL, 36351 earns $487/mo cash flow from $1,559/mo rent with a $930/mo payment. Total monthly income totals $1,559/mo, and annual cash flow totals $5,838/yr on $62,985 capital. ROI tracks 29.18% on current figures, and rental yield reads 9.85% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 151.87% and total cumulative return in cash sums $95,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.
Single Family
Built in 1961
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36351, New Brockton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,337 (73.6%) |
| Renter Occupied HU | 279 (15.4%) |
| Vacant Housing Units | 200 (11.0%) |
| Median Home Value | $221,061 |
| Average Home Value | $273,652 |
Housing Distribution
Address Breakdown
Residential
1,635
Single Family
1,635
Multi-Family
0
Businesses
87
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Listed by: Kim Owens • Simply South Realty LLC
Mls Name: Wiregrass BOR
Mls ID: #555046