412 Watts DrNewtonAL36352
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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 412 Watts Dr, Newton, AL, 36352 with 5% annual appreciation on a $515,000 basis while $2,293/mo rent supports operations. 71% in year one. Equity gained on principal adds $3,323/yr, and five-year appreciation sums $142,285 alongside rental yield of 5.34%. Five-year ROI measures 79.56% and total cumulative return in cash totals $134,809. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,293/mo property income versus a $2,521/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
27.16 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: Carrollann Losh • Keller Williams Southeast Alabama
Mls Name: SAMLS
Mls ID: #197773
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