15777 E Renee Marie DrGulf ShoresAL36542
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 Gulf Shores at 15777 E Renee Marie Dr, Gulf Shores, AL, 36542 uses $124,313 cash to close to unlock $21,405/yr annual cash flow and $1,784/mo monthly cash flow. Total monthly income runs $3,900/mo, and a $1,835/mo payment keeps the spread at $1,784/mo. Purchase price stands at $375,000, and rental yield measures 12.48% with $3,900/mo rent. Return on cash invested shows 37.13% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 194.45% and total cumulative return in cash records $241,731. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,900/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Multi Family
Built in 2004
0.74 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gloria Crump • Coastal Leaders Realty Group
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #365599
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.