Toccoa Plan, MeridiaNew MarketAL35761
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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 New Market at Toccoa Plan, Meridia, New Market, AL, 35761 offers a 8.26% rental yield on a $278,850 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,365/mo payment leaves $346/mo available for distribution. Annual cash flow reaches $4,150/yr on $92,439 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $1,799/yr while 5% annual appreciation supports $77,041 over five years. Portfolio math shows five-year ROI at 126.2% and total cumulative return in cash at $116,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,365/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: N/A • Valor Communities
Mls Name: Valor Communities
Mls Provider:
Mls ID: #N/A