551 Lisbon AveFairhopeAL36532
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
Investment property for sale in Fairhope at 551 Lisbon Ave, Fairhope, AL, 36532 listed at $571,500 pairs $3,089/mo rent with a $2,797/mo payment. Total monthly income runs $3,089/mo. Return on cash invested measures 18.84% in year one, and rental yield registers 6.49% at a $571,500 basis. Equity gained on principal adds $3,688/yr, and annual property appreciation at 5% supports $157,895 by year five. Five-year ROI tracks 96.51% and total cumulative return in cash totals $181,468. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,089/mo property income relative to a $2,797/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.30 Acres lot
$N/A/sqft
$650 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelley Crooms • Bellator Real Estate, LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7545086
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.