445 S Railroad StNewvilleAL36353
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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
Rental property for sale in Newville at 445 S Railroad St, Newville, AL, 36353 priced at $120,000 converts $924/mo rent into $247/mo cash flow after a $587/mo obligation. Total monthly income equals $924/mo, and annual cash flow totals $2,964/yr on $39,780 invested. Return on cash invested prints 27.36% in year one, and rental yield reads 9.24% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 142.04% and total cumulative return in cash sums $56,503. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $924/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1920
1.50 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: David Cannon • United Country Properties South
Mls Name: SAMLS
Mls ID: #201537
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.