24989 Ivy LnOrange BeachAL36561
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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 Orange Beach at 24989 Ivy Ln, Orange Beach, AL, 36561 generates $4,314/mo in rent and, after a $2,691/mo payment, leaves $1,211/mo in cash flow. Total monthly income is $4,314/mo, and annual cash flow is $14,527/yr on $180,917 invested. Return on cash invested sits at 28.09% in year one, and rental yield is 9.41% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 145.96% and total cumulative return in cash sums $264,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,314/mo property income rather than buyer’s personal income.
Multi Family
Built in 1998
0.27 Acres 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: Ashley Bias • EXP REALTY,LLC
Mls Name: Baldwin Realtors
Mls ID: #388498