378 County Road 151NewvilleAL36353
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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
Total monthly income runs $2,066/mo, and a $2,863/mo payment. Purchase price stands at $585,000, and rental yield measures 4.24% with $2,066/mo rent. Return on cash invested shows 12.36% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 61.6% and total cumulative return in cash records $118,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,066/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Single Family
Built in 1993
9.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36353, Newville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 666 (69.2%) |
| Renter Occupied HU | 151 (15.7%) |
| Vacant Housing Units | 146 (15.2%) |
| Median Home Value | $124,296 |
| Average Home Value | $191,558 |
Housing Distribution
Address Breakdown
Residential
942
Single Family
942
Multi-Family
0
Businesses
34
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Listed by: Shaun Cunningham • Lan Darty Real Estate & Development
Mls Name: SAMLS
Mls ID: #200020
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.