3656 Prestwick CirGulf ShoresAL36542
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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 Gulf Shores at 3656 Prestwick Cir, Gulf Shores, AL, 36542 offers $4,756/mo rent that, after a $3,940/mo payment, leaves $132/mo cash flow. Total monthly income is $4,756/mo, and annual cash flow is $1,587/yr on $264,845 cash. Return on cash invested measures 20.66% in year one, and rental yield stands at 7.09% at a $805,000 entry. Equity gained on principal adds $5,195/yr while 5% annual appreciation compounds into $222,407 by year five. Five-year ROI records 106.25% and total cumulative return in cash reaches $281,405. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,756/mo property income versus a $3,940/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.49 Acres lot
$N/A/sqft
$240 quarterly 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
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Listed by: Jim Van Matre • World Impact Real Estate
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #362559
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.