1007 Marquette PlDauphin IslandAL36528
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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
Rental property for sale in Dauphin Island at 1007 Marquette Pl, Dauphin Island, AL, 36528 priced at $510,000 converts $4,129/mo rent into $1,251/mo cash flow after a $2,496/mo obligation. Total monthly income equals $4,129/mo, and annual cash flow totals $15,006/yr on $167,790 invested. Return on cash invested prints 29% in year one, and rental yield reads 9.72% against a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,904 by year five. Five-year ROI reaches 150.87% and total cumulative return in cash sums $253,143. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,129/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36528, Dauphin Island, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 728 (35.6%) |
| Renter Occupied HU | 119 ( 5.8%) |
| Vacant Housing Units | 1,200 (58.6%) |
| Median Home Value | $377,397 |
| Average Home Value | $415,721 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,113
Multi-Family
92
Businesses
99
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Listed by: Angel Colley • Keller Williams AGC Realty - Orange Beach
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #373017
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