5099 Main DrNew HopeAL35760
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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 New Hope at 5099 Main Dr, New Hope, AL, 35760 priced at $152,900 pairs $0/mo rent with after a $748/mo payment. Total monthly income equals $0/mo. Return on cash invested is -0.51% in year one, and rental yield stands at 0% on a $152,900 basis. Equity gained on principal adds $987/yr, and 5% annual appreciation accumulates to $42,243 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $748/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A 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 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,194
Multi-Family
0
Businesses
103
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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