1601 Bienville BlvdDauphin 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
Total monthly income runs $1,622/mo, and a $2,056/mo payment. Purchase price stands at $420,000, and rental yield measures 4.63% with $1,622/mo rent. Return on cash invested shows 13.45% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 67.5% and total cumulative return in cash records $93,979. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,622/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A 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: Daniel Lursen • Alabama Realty, LLC
Mls Name: Baldwin Realtors
Mls ID: #388976