2324 Island Shores DrDauphin IslandAL36528
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 Dauphin Island at 2324 Island Shores Dr, Dauphin Island, AL, 36528 earns from $1,604/mo rent with a $5,384/mo payment. Total monthly income totals $1,604/mo. ROI tracks 4.86% on current figures, and rental yield reads 1.75% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 21.33% and total cumulative return in cash sums $76,027. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,604/mo property income instead of your personal income.
Single Family
Built in 2023
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36528, Dauphin Island, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 728 (35.6%) |
| Renter Occupied HU | 119 ( 5.8%) |
| Vacant Housing Units | 1,200 (58.6%) |
| Median Home Value | $377,397 |
| Average Home Value | $415,721 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,113
Multi-Family
92
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Lursen • Alabama Realty, LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7571750
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.