187 Mill Valley WayNew 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 187 Mill Valley Way, New Market, AL, 35761 listed at $302,810 pairs $2,518/mo rent with a $1,482/mo payment to leave $809/mo cash flow. Total monthly income runs $2,518/mo, and annual cash flow reaches $9,707/yr on $100,382 cash to close. Return on cash invested measures 29.58% in year one, and rental yield registers 9.98% at a $302,810 basis. Equity gained on principal adds $1,954/yr, and annual property appreciation at 5% supports $83,661 by year five. Five-year ROI tracks 153.97% and total cumulative return in cash totals $154,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,518/mo property income relative to a $1,482/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
9,583 sqft 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
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Listed by: Mario Waker • SDH Alabama LLC
Mls Name: ValleyMLS
Mls ID: #21906594