1784 Butler RdNew 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 1784 Butler Rd, New Market, AL, 35761 uses $95,141 cash to close to unlock $2,457/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,825/mo, and a $1,405/mo payment keeps the spread at $205/mo. Purchase price stands at $287,000, and rental yield measures 7.63% with $1,825/mo rent. Return on cash invested shows 22.49% in year one, and 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 115.97% and total cumulative return in cash records $110,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,825/mo property income covering a $1,405/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.40 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ianni Nicolaou • A.H. Sothebys Int. Realty
Mls Name: ValleyMLS
Mls ID: #21898231