160 River Pointe DrNew MarketAL35761
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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 Market at 160 River Pointe Dr, New Market, AL, 35761 with 5% annual appreciation on a $296,938 basis while $2,405/mo rent supports operations. Total monthly income totals $2,405/mo and a $1,453/mo payment preserves $708/mo for cash returns. Annual cash flow comes to $8,502/yr on $98,435 deployed, and return on cash invested reaches 28.55% in year one. Equity gained on principal adds $1,916/yr, and five-year appreciation sums $82,038 alongside rental yield of 9.72%. Five-year ROI measures 148.54% and total cumulative return in cash totals $146,219.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,405/mo property income versus a $1,453/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
8,276 sqft lot
$N/A/sqft
$250 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
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Listed by: Vicki Berry • Davidson Homes LLC 4
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21885586
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