18932 Bracy LnFairhopeAL36532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 18932 Bracy Ln, Fairhope, AL, 36532 listed at $110,900 pairs $883/mo rent with a $543/mo payment to leave $257/mo cash flow. Total monthly income runs $883/mo, and annual cash flow reaches $3,082/yr on $36,763 cash to close. Return on cash invested measures 28.29% in year one, and rental yield registers 9.55% at a $110,900 basis. Equity gained on principal adds $716/yr, and annual property appreciation at 5% supports $30,640 by year five. Five-year ROI tracks 147.1% and total cumulative return in cash totals $54,078. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $883/mo property income relative to a $543/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
0.57 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keke Davis • Keller Williams Mobile
Mls Name: GCMLS
Mls Provider:
Mls ID: #7462165
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.