212 Roman Randall RdNew 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
Rental property for sale in New Market at 212 Roman Randall Rd, New Market, AL, 35761 offers $2,518/mo rent that, after a $1,703/mo payment, leaves $554/mo cash flow. Total monthly income is $2,518/mo, and annual cash flow is $6,649/yr on $115,329 cash. Return on cash invested measures 25.67% in year one, and rental yield stands at 8.69% at a $347,900 entry. Equity gained on principal adds $2,245/yr while 5% annual appreciation compounds into $96,118 by year five. Five-year ROI records 133.07% and total cumulative return in cash reaches $153,471. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,518/mo property income versus a $1,703/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,200 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: Deborah Dickson • Ace Realty
Mls Name: ValleyMLS
Mls ID: #21889234