17861 Section St SFairhopeAL36532
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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 Fairhope at 17861 Section St S, Fairhope, AL, 36532 earns from $2,640/mo rent with a $7,073/mo payment. Total monthly income totals $2,640/mo. ROI tracks 2.23% on current figures, and rental yield reads 2.19% at a $1,445,000 purchase. Equity gained on principal adds $9,324/yr, and 5% annual appreciation supports $399,227 over five years. Five-year ROI reaches 8.67% and total cumulative return in cash sums $40,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$1,560 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36532, Fairhope, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,908 (100%) |
| Owner Occupied HU | 13,032 (68.9%) |
| Renter Occupied HU | 3,563 (18.8%) |
| Vacant Housing Units | 2,313 (12.2%) |
| Median Home Value | $443,110 |
| Average Home Value | $519,568 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
15,732
Multi-Family
1,172
Businesses
1,124
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Listed by: Knox Mcmurphy • Ashurst & Niemeyer LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7471526
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.