28 Caisson TrceSpanish FortAL36527
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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 Spanish Fort at 28 Caisson Trce, Spanish Fort, AL, 36527 offers $2,218/mo rent that, after a $1,459/mo payment, leaves $505/mo cash flow. Total monthly income is $2,218/mo, and annual cash flow is $6,065/yr on $98,787 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 8.93% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 135.21% and total cumulative return in cash reaches $133,568. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,218/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36527, Spanish Fort, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,139 (100%) |
| Owner Occupied HU | 5,682 (69.8%) |
| Renter Occupied HU | 1,768 (21.7%) |
| Vacant Housing Units | 689 ( 8.5%) |
| Median Home Value | $387,509 |
| Average Home Value | $441,848 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
6,813
Multi-Family
978
Businesses
484
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Listed by: Janet English • RE/MAX By The Bay
Mls Name: GCMLS
Mls Provider:
Mls ID: #7568864
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.