365 Young StFairhopeAL36532
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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 Fairhope at 365 Young St, Fairhope, AL, 36532 uses $35,802 cash to close to unlock $24,366/yr annual cash flow and $2,030/mo monthly cash flow. Total monthly income runs $2,641/mo, and a $529/mo payment keeps the spread at $2,030/mo. Purchase price stands at $108,000, and rental yield measures 29.34% with $2,641/mo rent. Return on cash invested shows 87.97% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 467.16% and total cumulative return in cash records $167,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,641/mo property income covering a $529/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36532, Fairhope, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,908 (100%) |
| Owner Occupied HU | 13,032 (68.9%) |
| Renter Occupied HU | 3,563 (18.8%) |
| Vacant Housing Units | 2,313 (12.2%) |
| Median Home Value | $443,110 |
| Average Home Value | $519,568 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
15,732
Multi-Family
1,172
Businesses
1,124
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Listed by: Tatyana Hall • Waters Edge Realty
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #368325
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.