404 E McKinnon StNew BrocktonAL36351
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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 New Brockton at 404 E McKinnon St, New Brockton, AL, 36351 listed at $243,100 pairs $2,095/mo rent with a $1,190/mo payment to leave $723/mo cash flow. Total monthly income runs $2,095/mo, and annual cash flow reaches $8,672/yr on $80,588 cash to close. Return on cash invested measures 30.67% in year one, and rental yield registers 10.34% at a $243,100 basis. Equity gained on principal adds $1,569/yr, and annual property appreciation at 5% supports $67,164 by year five. Five-year ROI tracks 159.84% and total cumulative return in cash totals $128,812. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,095/mo property income relative to a $1,190/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36351, New Brockton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,337 (73.6%) |
| Renter Occupied HU | 279 (15.4%) |
| Vacant Housing Units | 200 (11.0%) |
| Median Home Value | $221,061 |
| Average Home Value | $273,652 |
Housing Distribution
Address Breakdown
Residential
1,635
Single Family
1,635
Multi-Family
0
Businesses
87
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A