164 Saddle StNew 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 164 Saddle St, New Market, AL, 35761 listed at $365,900 pairs $2,239/mo rent with a $1,791/mo payment to leave $144/mo cash flow. Total monthly income runs $2,239/mo, and annual cash flow reaches $1,733/yr on $121,296 cash to close. Return on cash invested measures 21.34% in year one, and rental yield registers 7.34% at a $365,900 basis. Equity gained on principal adds $2,361/yr, and annual property appreciation at 5% supports $101,091 by year five. Five-year ROI tracks 109.89% and total cumulative return in cash totals $133,298. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,239/mo property income relative to a $1,791/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
$350 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: Jaelin O'Neal • Capstone Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21893540
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