146 Preston WayGulf 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
Rental property for sale in Gulf Shores at 146 Preston Way, Gulf Shores, AL, 36542 priced at $387,400 pairs $2,718/mo rent with $498/mo cash flow after a $1,896/mo payment. Total monthly income equals $2,718/mo, and annual cash flow comes to $5,977/yr on $128,423 invested. Return on cash invested is 24.56% in year one, and rental yield stands at 8.42% on a $387,400 basis. Equity gained on principal adds $2,500/yr, and 5% annual appreciation accumulates to $107,031 by year five. Five-year ROI measures 127.23% and total cumulative return in cash reaches $163,388. For financing, Ziffy Mortgage’s DSCR program evaluates $2,718/mo property income against a $1,896/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
8,041 sqft lot
$N/A/sqft
$400 annually 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: Anna Loveday • DHI Realty of Alabama, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #378208
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.