2015 N County Road 69NewvilleAL36353
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
Rental property for sale in Newville at 2015 N County Road 69, Newville, AL, 36353 generates $120/mo in rent, after a $807/mo payment. Total monthly income is $120/mo. Return on cash invested sits at 2.11% in year one, and rental yield is 0.87% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 6.77% and total cumulative return in cash sums $3,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $120/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36353, Newville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 666 (69.2%) |
| Renter Occupied HU | 151 (15.7%) |
| Vacant Housing Units | 146 (15.2%) |
| Median Home Value | $124,296 |
| Average Home Value | $191,558 |
Housing Distribution
Address Breakdown
Residential
942
Single Family
942
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MIKE PIERCE • REMAX Traditions
Mls Name: WBOR
Mls ID: #552214
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.