1388 Surrey LoopFoleyAL36535
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 Foley at 1388 Surrey Loop, Foley, AL, 36535 earns $465/mo cash flow from $2,454/mo rent with a $1,689/mo payment. Total monthly income totals $2,454/mo, and annual cash flow totals $5,575/yr on $114,368 capital. ROI tracks 24.78% on current figures, and rental yield reads 8.54% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 128.44% and total cumulative return in cash sums $146,896. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,454/mo property income instead of your personal income.
Single Family
Built in 2020
6,621 sqft lot
$N/A/sqft
$500 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: Teresa King • RE/MAX of Orange Beach
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #381719
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.