2481 Cherrywood DrFoleyAL36535
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 Foley at 2481 Cherrywood Dr, Foley, AL, 36535 at $466,000 posts ROI 19.95% with $6/mo cash flow from $2,700/mo rent. Total monthly income equals $2,700/mo, and annual cash flow records $69/yr on $154,479 to close. Return on cash invested measures 19.95% and rental yield reads 6.95% at the current $466,000. Equity gained on principal adds $3,007/yr, and 5% annual appreciation supports $128,747 by year five. Five-year ROI prints 102.55% and total cumulative return in cash totals $158,413.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
$140 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36535, Foley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,865 (100%) |
| Owner Occupied HU | 12,586 (60.3%) |
| Renter Occupied HU | 5,135 (24.6%) |
| Vacant Housing Units | 3,144 (15.1%) |
| Median Home Value | $299,550 |
| Average Home Value | $322,808 |
Housing Distribution
Address Breakdown
Residential
18,404
Single Family
17,522
Multi-Family
882
Businesses
1,276
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Listed by: Marie Miller • EXIT Realty Landmark
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #372971
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.