517 E Beach Blvd APT 4CGulf 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
Rental property for sale in Gulf Shores at 517 E Beach Blvd APT 4C, Gulf Shores, AL, 36542 priced at $465,000 pairs $1,728/mo rent with after a $2,276/mo payment. Total monthly income equals $1,728/mo. Return on cash invested is 7.01% in year one, and rental yield stands at 4.46% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 35.12% and total cumulative return in cash reaches $54,143. For financing, Ziffy Mortgage’s DSCR program evaluates $1,728/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1998
N/A lot
$N/A/sqft
$688 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
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Listed by: Kristina Halfacre • RE/MAX Paradise
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #377468
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.