23044 Perdido Beach Blvd #100Gulf shoresAL36561
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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 23044 Perdido Beach Blvd #100, Gulf shores, AL, 36561 earns $440/mo cash flow from $1,566/mo rent with a $976/mo payment. Total monthly income totals $1,566/mo, and annual cash flow totals $5,284/yr on $66,134 capital. ROI tracks 27.9% on current figures, and rental yield reads 9.42% at a $199,500 purchase. Equity gained on principal adds $1,287/yr, and 5% annual appreciation supports $55,118 over five years. Five-year ROI reaches 145.02% and total cumulative return in cash sums $95,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,566/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36561, Orange Beach, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,068 (100%) |
| Owner Occupied HU | 3,266 (20.3%) |
| Renter Occupied HU | 916 ( 5.7%) |
| Vacant Housing Units | 11,886 (74.0%) |
| Median Home Value | $532,092 |
| Average Home Value | $613,951 |
Housing Distribution
Address Breakdown
Residential
12,184
Single Family
5,063
Multi-Family
7,121
Businesses
766
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Listed by: Chase Blackmon • Real Broker, LLC
Mls Name: Baldwin Realtors
Mls ID: #382920