344 E Beach Blvd #10Gulf ShoresAL36542
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
Investment property for sale in Gulf Shores at 344 E Beach Blvd #10, Gulf Shores, AL, 36542 uses $112,412 cash to close to unlock $10,872/yr annual cash flow and $906/mo monthly cash flow. Total monthly income runs $3,229/mo, and a $1,660/mo payment keeps the spread at $906/mo. Purchase price stands at $339,100, and rental yield measures 11.43% with $3,229/mo rent. Return on cash invested shows 29.58% in year one, and 5% annual appreciation builds toward $93,687 over five years. Five-year ROI reaches 155.56% and total cumulative return in cash records $174,864. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,229/mo property income covering a $1,660/mo payment rather than investor’s personal income.
Condo
Built in 1982
0.83 Acres lot
$N/A/sqft
$357 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36542, Gulf Shores, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,438 (100%) |
| Owner Occupied HU | 6,282 (30.7%) |
| Renter Occupied HU | 3,228 (15.8%) |
| Vacant Housing Units | 10,928 (53.5%) |
| Median Home Value | $407,892 |
| Average Home Value | $473,194 |
Housing Distribution
Address Breakdown
Residential
14,536
Single Family
9,700
Multi-Family
4,836
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A