162 Chesire Cove LnNew 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
Investment property for sale in New Market at 162 Chesire Cove Ln, New Market, AL, 35761 earns $256/mo cash flow from $2,518/mo rent with a $1,933/mo payment. Total monthly income totals $2,518/mo, and annual cash flow totals $3,071/yr on $130,893 capital. ROI tracks 22.26% on current figures, and rental yield reads 7.65% at a $394,850 purchase. Equity gained on principal adds $2,548/yr, and 5% annual appreciation supports $109,090 over five years. Five-year ROI reaches 114.8% and total cumulative return in cash sums $150,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,518/mo property income instead of your personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
$395 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: Scott Dudley • VC Realty LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21896186
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