505 E 21st AveGulf 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
Investment property for sale in Gulf Shores at 505 E 21st Ave, Gulf Shores, AL, 36542 earns $417/mo cash flow from $2,279/mo rent with a $1,615/mo payment. Total monthly income totals $2,279/mo, and annual cash flow totals $4,999/yr on $109,362 capital. ROI tracks 24.48% on current figures, and rental yield reads 8.29% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 126.65% and total cumulative return in cash sums $138,507. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,279/mo property income instead of your personal income.
Single Family
Built in 2003
6,185 sqft lot
$N/A/sqft
No 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: Jordan Park • Wheeles Realty
Mls Name: Baldwin Realtors
Mls ID: #388741