96 Plainview StNewtonAL36352
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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 Newton at 96 Plainview St, Newton, AL, 36352 with 5% annual appreciation on a $112,000 basis while $1,766/mo rent supports operations. Total monthly income totals $1,766/mo and a $548/mo payment preserves $1,134/mo for cash returns. Annual cash flow comes to $13,608/yr on $37,128 deployed, and return on cash invested reaches 56.56% in year one. Equity gained on principal adds $723/yr, and five-year appreciation sums $30,944 alongside rental yield of 18.92%. Five-year ROI measures 298.68% and total cumulative return in cash totals $110,895.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,766/mo property income versus a $548/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
0.70 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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Listed by: Sheri Thomson • Sweet Home Real Estate
Mls Name: SAMLS
Mls ID: #199280
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.