1643 Colony Parke DrGulf 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
Investment property for sale in Gulf Shores at 1643 Colony Parke Dr, Gulf Shores, AL, 36542 earns $907/mo cash flow from $3,673/mo rent with a $2,350/mo payment. Total monthly income totals $3,673/mo, and annual cash flow totals $10,879/yr on $159,186 capital. ROI tracks 26.74% on current figures, and rental yield reads 9.18% at a $480,200 purchase. Equity gained on principal adds $3,099/yr, and 5% annual appreciation supports $132,670 over five years. Five-year ROI reaches 138.94% and total cumulative return in cash sums $221,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,673/mo property income instead of your personal income.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$675 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: Greg McCutcheon • Adams Homes LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #359257
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.