23712 Havasu DrDaphneAL36526
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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
Rental property for sale in Daphne at 23712 Havasu Dr, Daphne, AL, 36526 generates $2,832/mo in rent and, after a $1,833/mo payment, leaves $689/mo in cash flow. Total monthly income is $2,832/mo, and annual cash flow is $8,268/yr on $124,114 invested. Return on cash invested sits at 26.57% in year one, and rental yield is 9.08% on a $374,400 entry. Equity gained on principal adds $2,416/yr, while 5% annual appreciation builds toward $103,440 over five years. Five-year ROI reaches 137.99% and total cumulative return in cash sums $171,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,832/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36526, Daphne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,899 (100%) |
| Owner Occupied HU | 12,007 (67.1%) |
| Renter Occupied HU | 4,253 (23.8%) |
| Vacant Housing Units | 1,639 ( 9.2%) |
| Median Home Value | $350,867 |
| Average Home Value | $399,652 |
Housing Distribution
Address Breakdown
Residential
16,538
Single Family
14,571
Multi-Family
1,967
Businesses
1,632
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Listed by: Joseph Pollard • Elite By The Beach, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #377247
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.