16707 State Highway 180 #33Gulf 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 16707 State Highway 180 #33, Gulf Shores, AL, 36542 uses $46,742 cash to close to unlock $24,711/yr annual cash flow and $2,059/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $690/mo payment keeps the spread at $2,059/mo. Purchase price stands at $141,000, and rental yield measures 24.51% with $2,880/mo rent. Return on cash invested shows 72.78% in year one, and 5% annual appreciation builds toward $38,956 over five years. Five-year ROI reaches 385.94% and total cumulative return in cash records $180,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $690/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
3,092 sqft lot
$N/A/sqft
$300 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: Morgan Vecsey • Living My Best Life Realty
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #381058
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.