115 North Ave, Fairhope, AL, 36532 | 3.79% Rental Yield

Off market

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 $2,743/mo, and a $4,249/mo payment. Purchase price stands at $868,100, and rental yield measures 3.79% with $2,743/mo rent. Return on cash invested shows 11% in year one, and 5% annual appreciation builds toward $239,840 over five years. Five-year ROI reaches 54.29% and total cumulative return in cash records $155,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,743/mo property income covering a $4,249/mo payment rather than investor’s personal income.

Single Family

Built in 1940

0.33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36532, Fairhope, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,908 (100%)
Owner Occupied HU	13,032 (68.9%)
Renter Occupied HU	3,563 (18.8%)
Vacant Housing Units	2,313 (12.2%)
Median Home Value	$443,110
Average Home Value	$519,568