422 Mockingbird TrlNewtonAL36352
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 422 Mockingbird Trl, Newton, AL, 36352 priced at $292,250 pairs $2,820/mo rent with $1,171/mo cash flow after a $1,430/mo payment. Total monthly income equals $2,820/mo, and annual cash flow comes to $14,050/yr on $96,881 invested. Return on cash invested is 34.41% in year one, and rental yield stands at 11.58% on a $292,250 basis. Equity gained on principal adds $1,886/yr, and 5% annual appreciation accumulates to $80,743 by year five. Five-year ROI measures 179.9% and total cumulative return in cash reaches $174,291. For financing, Ziffy Mortgage’s DSCR program evaluates $2,820/mo property income against a $1,430/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.46 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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