1204 Pencarro BlvdFoleyAL36535
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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 Foley at 1204 Pencarro Blvd, Foley, AL, 36535 offers $2,616/mo rent that, after a $1,508/mo payment, leaves $869/mo cash flow. Total monthly income is $2,616/mo, and annual cash flow is $10,429/yr on $102,102 cash. Return on cash invested measures 30.12% in year one, and rental yield stands at 10.19% at a $308,000 entry. Equity gained on principal adds $1,987/yr while 5% annual appreciation compounds into $85,095 by year five. Five-year ROI records 156.98% and total cumulative return in cash reaches $160,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,616/mo property income versus a $1,508/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
9,583 sqft lot
$N/A/sqft
$95 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36535, Foley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,865 (100%) |
| Owner Occupied HU | 12,586 (60.3%) |
| Renter Occupied HU | 5,135 (24.6%) |
| Vacant Housing Units | 3,144 (15.1%) |
| Median Home Value | $299,550 |
| Average Home Value | $322,808 |
Housing Distribution
Address Breakdown
Residential
18,404
Single Family
17,522
Multi-Family
882
Businesses
1,276
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Listed by: Angela Hunter • EXIT Capstone Realty
Mls Name: WAMLS
Mls Provider:
Mls ID: #170114
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.