106 Golf Ter #1C106DaphneAL36526
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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 Daphne at 106 Golf Ter #1C106, Daphne, AL, 36526 uses $41,438 cash to close to unlock $795/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $959/mo, and a $612/mo payment keeps the spread at $66/mo. Purchase price stands at $125,000, and rental yield measures 9.21% with $959/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 114.46% and total cumulative return in cash records $47,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $959/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$187 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36526, Daphne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,899 (100%) |
| Owner Occupied HU | 12,007 (67.1%) |
| Renter Occupied HU | 4,253 (23.8%) |
| Vacant Housing Units | 1,639 ( 9.2%) |
| Median Home Value | $350,867 |
| Average Home Value | $399,652 |
Housing Distribution
Address Breakdown
Residential
16,538
Single Family
14,571
Multi-Family
1,967
Businesses
1,632
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Listed by: Michelle O'Dare • Ashurst & Niemeyer LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #367512
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.