380 Butler Ln, New Hope, AL, 35760 | 4.33% Rental Yield

For Sale

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

Rental property for sale in New Hope at 380 Butler Ln, New Hope, AL, 35760 generates $1,860/mo in rent, after a $2,521/mo payment. Total monthly income is $1,860/mo. Return on cash invested sits at 12.64% in year one, and rental yield is 4.33% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 63.12% and total cumulative return in cash sums $106,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.

Single Family

Built in 1937

11.04 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