2383 Old Gurley Pike, New Hope, AL, 35760 | 5.26% Rental Yield

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Hope at 2383 Old Gurley Pike, New Hope, AL, 35760 listed at $389,900 pairs $1,709/mo rent with a $1,908/mo payment. Total monthly income runs $1,709/mo. Return on cash invested measures 15.35% in year one, and rental yield registers 5.26% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 77.67% and total cumulative return in cash totals $100,393. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,709/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1969

1.84 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35760, New Hope, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,374 (100%)
Owner Occupied HU	1,678 (70.7%)
Renter Occupied HU	522 (22.0%)
Vacant Housing Units	174 ( 7.3%)
Median Home Value	$307,667
Average Home Value	$420,265