28107 Perdido Beach Blvd APT D503Orange 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
Total monthly income runs $3,340/mo, and a $5,281/mo payment. Purchase price stands at $1,079,000, and rental yield measures 3.71% with $3,340/mo rent. Return on cash invested shows 7.54% in year one, and 5% annual appreciation builds toward $298,108 over five years. Five-year ROI reaches 36.9% and total cumulative return in cash records $129,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,340/mo property income covering a $5,281/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$897 monthly 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: Andrea Shilston • Kaiser Sotheby's Int-GS
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #375991
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