203 E McKinnon StNew BrocktonAL36351
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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 Brockton at 203 E McKinnon St, New Brockton, AL, 36351 earns $661/mo cash flow from $2,016/mo rent with a $1,175/mo payment. Total monthly income totals $2,016/mo, and annual cash flow totals $7,932/yr on $79,560 capital. ROI tracks 29.88% on current figures, and rental yield reads 10.08% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 155.58% and total cumulative return in cash sums $123,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,016/mo property income instead of your personal income.
Single Family
Built in 1948
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36351, New Brockton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,337 (73.6%) |
| Renter Occupied HU | 279 (15.4%) |
| Vacant Housing Units | 200 (11.0%) |
| Median Home Value | $221,061 |
| Average Home Value | $273,652 |
Housing Distribution
Address Breakdown
Residential
1,635
Single Family
1,635
Multi-Family
0
Businesses
87
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Listed by: AMY MOORE • TEAM LINDA SIMMONS REAL ESTATE
Mls Name: Wiregrass BOR
Mls ID: #554121
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.