991 County Road 47NewellAL36280
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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 Newell at 991 County Road 47, Newell, AL, 36280 uses $36,432 cash to close to unlock $2,839/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $857/mo, and a $538/mo payment keeps the spread at $237/mo. Purchase price stands at $109,900, and rental yield measures 9.36% with $857/mo rent. Return on cash invested shows 27.7% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 143.95% and total cumulative return in cash records $52,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $857/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1958
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36280, Woodland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,108 (100%) |
| Owner Occupied HU | 1,450 (68.8%) |
| Renter Occupied HU | 305 (14.5%) |
| Vacant Housing Units | 353 (16.7%) |
| Median Home Value | $235,714 |
| Average Home Value | $300,952 |
Housing Distribution
Address Breakdown
Residential
1,972
Single Family
1,972
Multi-Family
0
Businesses
87
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Listed by: Heather Edwards • Century 21 Novus Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402643
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.