717 Newell RdRed BayAL35582
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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 Red Bay at 717 Newell Rd, Red Bay, AL, 35582 uses $77,903 cash to close to unlock $5,013/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $1,744/mo, and a $1,150/mo payment keeps the spread at $418/mo. Purchase price stands at $235,000, and rental yield measures 8.91% with $1,744/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 136.64% and total cumulative return in cash records $106,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,744/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2018
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35582, Red Bay, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,160 (55.9%) |
| Renter Occupied HU | 622 (30.0%) |
| Vacant Housing Units | 294 (14.2%) |
| Median Home Value | $121,719 |
| Average Home Value | $159,573 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,608
Multi-Family
119
Businesses
191
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