28635 Cascades CtDaphneAL36526
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 Daphne at 28635 Cascades Ct, Daphne, AL, 36526 uses $135,690 cash to close to unlock $14,161/yr annual cash flow and $1,180/mo monthly cash flow. Total monthly income runs $3,658/mo, and a $2,003/mo payment keeps the spread at $1,180/mo. Purchase price stands at $409,321, and rental yield measures 10.72% with $3,658/mo rent. Return on cash invested shows 30.35% in year one, and 5% annual appreciation builds toward $113,088 over five years. Five-year ROI reaches 158.67% and total cumulative return in cash records $215,294. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,658/mo property income covering a $2,003/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.32 Acres lot
$N/A/sqft
$160 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36526, Daphne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,899 (100%) |
| Owner Occupied HU | 12,007 (67.1%) |
| Renter Occupied HU | 4,253 (23.8%) |
| Vacant Housing Units | 1,639 ( 9.2%) |
| Median Home Value | $350,867 |
| Average Home Value | $399,652 |
Housing Distribution
Address Breakdown
Residential
16,538
Single Family
14,571
Multi-Family
1,967
Businesses
1,632
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Kahalley • Shamrock Properties, LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7550912
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.