4609 Spinnaker WayOrange BeachAL36561
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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 Orange Beach at 4609 Spinnaker Way, Orange Beach, AL, 36561 at $679,000 posts ROI 16.43% with from $3,161/mo rent. Total monthly income equals $3,161/mo. Return on cash invested measures 16.43% and rental yield reads 5.59% at the current $679,000. Equity gained on principal adds $4,381/yr, and 5% annual appreciation supports $187,595 by year five. Five-year ROI prints 83.45% and total cumulative return in cash totals $186,431. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,161/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
$46 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36561, Orange Beach, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,068 (100%) |
| Owner Occupied HU | 3,266 (20.3%) |
| Renter Occupied HU | 916 ( 5.7%) |
| Vacant Housing Units | 11,886 (74.0%) |
| Median Home Value | $532,092 |
| Average Home Value | $613,951 |
Housing Distribution
Address Breakdown
Residential
12,184
Single Family
5,063
Multi-Family
7,121
Businesses
766
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Listed by: Stanley Szapiel • Caribe Realty, Inc.
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #376770
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.