608 S John StNew BrocktonAL36351
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
Investment property for sale in New Brockton at 608 S John St, New Brockton, AL, 36351 with 5% annual appreciation on a $169,000 basis while $1,279/mo rent supports operations. Total monthly income totals $1,279/mo and a $827/mo payment preserves $325/mo for cash returns. Annual cash flow comes to $3,903/yr on $56,024 deployed, and return on cash invested reaches 26.88% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 9.08%. Five-year ROI measures 139.56% and total cumulative return in cash totals $78,187.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,279/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
1 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A