2715 State Highway 180 APT 2211Gulf ShoresAL36542
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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 2715 State Highway 180 APT 2211, Gulf Shores, AL, 36542 uses $116,357 cash to close to unlock $6,993/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $2,564/mo, and a $1,718/mo payment keeps the spread at $583/mo. Purchase price stands at $351,000, and rental yield measures 8.77% with $2,564/mo rent. Return on cash invested shows 25.92% in year one, and 5% annual appreciation builds toward $96,975 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash records $156,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,564/mo property income covering a $1,718/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36542, Gulf Shores, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,438 (100%) |
| Owner Occupied HU | 6,282 (30.7%) |
| Renter Occupied HU | 3,228 (15.8%) |
| Vacant Housing Units | 10,928 (53.5%) |
| Median Home Value | $407,892 |
| Average Home Value | $473,194 |
Housing Distribution
Address Breakdown
Residential
14,536
Single Family
9,700
Multi-Family
4,836
Businesses
523
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Listed by: Ivey Welch • eXp Realty Port City Downtown
Mls Name: GCMLS
Mls ID: #7638177