110 5th St APT C103DaphneAL36526
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
Investment property for sale in Daphne at 110 5th St APT C103, Daphne, AL, 36526 listed at $154,900 pairs $1,374/mo rent with a $758/mo payment to leave $500/mo cash flow. Total monthly income runs $1,374/mo, and annual cash flow reaches $5,998/yr on $51,349 cash to close. Return on cash invested measures 31.59% in year one, and rental yield registers 10.64% at a $154,900 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,796 by year five. Five-year ROI tracks 164.77% and total cumulative return in cash totals $84,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,374/mo property income relative to a $758/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lewis Bryant • Nichols Real Estate
Mls Name: GCMLS
Mls Provider:
Mls ID: #7469062
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.