1438 Bienville Blvd #1Dauphin IslandAL36528
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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 Dauphin Island at 1438 Bienville Blvd #1, Dauphin Island, AL, 36528 uses $116,025 cash to close to unlock $12,294/yr annual cash flow and $1,025/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,713/mo payment keeps the spread at $1,025/mo. Purchase price stands at $350,000, and rental yield measures 10.29% with $3,000/mo rent. Return on cash invested shows 30.5% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 158.97% and total cumulative return in cash records $184,442. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 2025
8,206 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36528, Dauphin Island, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 728 (35.6%) |
| Renter Occupied HU | 119 ( 5.8%) |
| Vacant Housing Units | 1,200 (58.6%) |
| Median Home Value | $377,397 |
| Average Home Value | $415,721 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,113
Multi-Family
92
Businesses
99
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Listed by: Meagan England • Wellhouse Real Estate Eastern
Mls Name: Baldwin Realtors
Mls ID: #389644