1621 Adkinson RdNewtonAL36352
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 Newton at 1621 Adkinson Rd, Newton, AL, 36352 at $395,000 posts ROI 19.77% with from $2,214/mo rent. Total monthly income equals $2,214/mo. Return on cash invested measures 19.77% and rental yield reads 6.73% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 101.38% and total cumulative return in cash totals $132,750. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,214/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36352, Newton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,551 (100%) |
| Owner Occupied HU | 1,837 (72.0%) |
| Renter Occupied HU | 501 (19.6%) |
| Vacant Housing Units | 213 ( 8.3%) |
| Median Home Value | $275,000 |
| Average Home Value | $273,688 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,318
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices