28925 Perdido Beach Blvd APT 302Orange 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 28925 Perdido Beach Blvd APT 302, Orange Beach, AL, 36561 generates $3,340/mo in rent, after a $3,852/mo payment. Total monthly income is $3,340/mo. Return on cash invested sits at 10.19% in year one, and rental yield is 5.09% on a $787,000 entry. Equity gained on principal adds $5,078/yr, while 5% annual appreciation builds toward $217,434 over five years. Five-year ROI reaches 51.71% and total cumulative return in cash sums $133,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,340/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$11,160 annually 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: T. Lauren Moore • Levin Rinke Realty
Mls Name: PAR
Mls Provider:
Mls ID: #652666
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