18443 E Illinois St #ARobertsdaleAL36567
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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 Robertsdale at 18443 E Illinois St #A, Robertsdale, AL, 36567 listed at $197,000 pairs $1,650/mo rent with a $964/mo payment to leave $532/mo cash flow. Total monthly income runs $1,650/mo, and annual cash flow reaches $6,380/yr on $65,306 cash to close. Return on cash invested measures 29.68% in year one, and rental yield registers 10.05% at a $197,000 basis. Equity gained on principal adds $1,271/yr, and annual property appreciation at 5% supports $54,427 by year five. Five-year ROI tracks 154.58% and total cumulative return in cash totals $100,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,650/mo property income relative to a $964/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36567, Robertsdale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,554 (69.6%) |
| Renter Occupied HU | 1,494 (22.8%) |
| Vacant Housing Units | 493 ( 7.5%) |
| Median Home Value | $277,394 |
| Average Home Value | $409,012 |
Housing Distribution
Address Breakdown
Residential
6,027
Single Family
5,482
Multi-Family
545
Businesses
582
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Listed by: Shauntelle Henshaw • MarMac Real Estate Coastal
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #368657
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.