160 Griffith LnNew 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 160 Griffith Ln, New Brockton, AL, 36351 listed at $245,000 pairs $1,781/mo rent with a $1,199/mo payment to leave $398/mo cash flow. Total monthly income runs $1,781/mo, and annual cash flow reaches $4,779/yr on $81,218 cash to close. Return on cash invested measures 25.79% in year one, and rental yield registers 8.72% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 133.73% and total cumulative return in cash totals $108,612. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,781/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
1.18 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: Ashley Dean • Keller Williams Southeast Alabama
Mls Name: SAMLS
Mls ID: #204549