1261 W Lagoon AveGulf ShoresAL36542
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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 Gulf Shores at 1261 W Lagoon Ave, Gulf Shores, AL, 36542 listed at $1,400,000 pairs $7,990/mo rent with a $6,852/mo payment. Total monthly income runs $7,990/mo. Return on cash invested measures 19.94% in year one, and rental yield registers 6.85% at a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Five-year ROI tracks 102.44% and total cumulative return in cash totals $464,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,990/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36542, Gulf Shores, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,438 (100%) |
| Owner Occupied HU | 6,282 (30.7%) |
| Renter Occupied HU | 3,228 (15.8%) |
| Vacant Housing Units | 10,928 (53.5%) |
| Median Home Value | $407,892 |
| Average Home Value | $473,194 |
Housing Distribution
Address Breakdown
Residential
14,536
Single Family
9,700
Multi-Family
4,836
Businesses
523
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Listed by: Randy Hilsman • Sunset Properties Gulf Shores
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #337347
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.