Austin Plan, MeridiaNew MarketAL35761
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
Rental property for sale in New Market at Austin Plan, Meridia, New Market, AL, 35761 generates $2,518/mo in rent and, after a $1,703/mo payment, leaves $554/mo in cash flow. Total monthly income is $2,518/mo, and annual cash flow is $6,649/yr on $115,312 invested. Return on cash invested sits at 25.68% in year one, and rental yield is 8.69% on a $347,850 entry. Equity gained on principal adds $2,245/yr, while 5% annual appreciation builds toward $96,105 over five years. Five-year ROI reaches 133.08% and total cumulative return in cash sums $153,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,518/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35761, New Market, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,282 (100%) |
| Owner Occupied HU | 4,333 (82.0%) |
| Renter Occupied HU | 721 (13.7%) |
| Vacant Housing Units | 228 ( 4.3%) |
| Median Home Value | $300,175 |
| Average Home Value | $356,524 |
Housing Distribution
Address Breakdown
Residential
5,791
Single Family
5,790
Multi-Family
1
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Valor Communities
Mls Name: Valor Communities
Mls Provider:
Mls ID: #N/A