369 HubbardNewtonAL36352
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 Newton at 369 Hubbard, Newton, AL, 36352 offers $2,280/mo rent that, after a $1,483/mo payment, leaves $570/mo cash flow. Total monthly income is $2,280/mo, and annual cash flow is $6,838/yr on $100,411 cash. Return on cash invested measures 26.72% in year one, and rental yield stands at 9.03% at a $302,900 entry. Equity gained on principal adds $1,955/yr while 5% annual appreciation compounds into $83,686 by year five. Five-year ROI records 138.64% and total cumulative return in cash reaches $139,210. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $1,483/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.63 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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Listed by: Robert Hewes • Coldwell Banker/Alfred Saliba
Mls Name: SAMLS
Mls ID: #202895
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.