3 Crabapple LnFoleyAL36535
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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 Foley at 3 Crabapple Ln, Foley, AL, 36535 priced at $287,500 pairs $1,979/mo rent with $356/mo cash flow after a $1,407/mo payment. Total monthly income equals $1,979/mo, and annual cash flow comes to $4,277/yr on $95,306 invested. Return on cash invested is 24.4% in year one, and rental yield stands at 8.26% on a $287,500 basis. Equity gained on principal adds $1,855/yr, and 5% annual appreciation accumulates to $79,431 by year five. Five-year ROI measures 126.21% and total cumulative return in cash reaches $120,287. For financing, Ziffy Mortgage’s DSCR program evaluates $1,979/mo property income against a $1,407/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36535, Foley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,865 (100%) |
| Owner Occupied HU | 12,586 (60.3%) |
| Renter Occupied HU | 5,135 (24.6%) |
| Vacant Housing Units | 3,144 (15.1%) |
| Median Home Value | $299,550 |
| Average Home Value | $322,808 |
Housing Distribution
Address Breakdown
Residential
18,404
Single Family
17,522
Multi-Family
882
Businesses
1,276
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