32164 State Highway 225Spanish FortAL36527
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
Rental property for sale in Spanish Fort at 32164 State Highway 225, Spanish Fort, AL, 36527 generates $6,266/mo in rent, after a $7,586/mo payment. Total monthly income is $6,266/mo. Return on cash invested sits at 14.44% in year one, and rental yield is 4.85% on a $1,550,000 entry. Equity gained on principal adds $10,002/yr, while 5% annual appreciation builds toward $428,236 over five years. Five-year ROI reaches 72.67% and total cumulative return in cash sums $364,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,266/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
7.61 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Dorgan • Wise Living Real Estate, LLC
Mls Name: Baldwin Realtors
Mls ID: #386398