28 Beckett LnNewtonAL36352
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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 Newton at 28 Beckett Ln, Newton, AL, 36352 uses $101,108 cash to close to unlock $8,631/yr annual cash flow and $719/mo monthly cash flow. Total monthly income runs $2,441/mo, and a $1,493/mo payment keeps the spread at $719/mo. Purchase price stands at $305,000, and rental yield measures 9.6% with $2,441/mo rent. Return on cash invested shows 28.45% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 147.93% and total cumulative return in cash records $149,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,441/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36352, Newton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,551 (100%) |
| Owner Occupied HU | 1,837 (72.0%) |
| Renter Occupied HU | 501 (19.6%) |
| Vacant Housing Units | 213 ( 8.3%) |
| Median Home Value | $275,000 |
| Average Home Value | $273,688 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,318
Multi-Family
0
Businesses
118
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