1109 Caroline Ave, Daphne, AL, 36526 | 6.41% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,736/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 6.41% with $1,736/mo rent. Return on cash invested shows 18.81% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 96.27% and total cumulative return in cash records $103,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,736/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Single Family

Built in 1973

0.66 Acres 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