31525 Plover CtSpanish FortAL36527
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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 Spanish Fort at 31525 Plover Ct, Spanish Fort, AL, 36527 listed at $265,500 pairs $2,178/mo rent with a $1,299/mo payment to leave $680/mo cash flow. Total monthly income runs $2,178/mo, and annual cash flow reaches $8,158/yr on $88,013 cash to close. Return on cash invested measures 29.18% in year one, and rental yield registers 9.84% at a $265,500 basis. Equity gained on principal adds $1,713/yr, and annual property appreciation at 5% supports $73,353 by year five. Five-year ROI tracks 151.82% and total cumulative return in cash totals $133,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,178/mo property income relative to a $1,299/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36527, Spanish Fort, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,139 (100%) |
| Owner Occupied HU | 5,682 (69.8%) |
| Renter Occupied HU | 1,768 (21.7%) |
| Vacant Housing Units | 689 ( 8.5%) |
| Median Home Value | $387,509 |
| Average Home Value | $441,848 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
6,813
Multi-Family
978
Businesses
484
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Listed by: Ivey Welch • Port City Downtown Branch
Mls Name: Baldwin Realtors
Mls ID: #389193