29040 Perdido Beach Blvd #24B2Orange 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
Investment property for sale in Orange Beach at 29040 Perdido Beach Blvd #24B2, Orange Beach, AL, 36561 projects strong ROI of 4.03%. Rental yield 1.48%. With 5% annual appreciation, the property builds $752,867 in value over five years. Equity growth combined delivers a projected five-year ROI of 16.86%, translating into $148,896 in total cumulative return on $882,900 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2026
N/A lot
$N/A/sqft
No 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: Michael Nehls • Brett R/E Robinson Dev OB
Mls Name: Baldwin Realtors
Mls ID: #388328