5601 State Highway 180 APT 2502Gulf 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
Investment property for sale in Gulf Shores at 5601 State Highway 180 APT 2502, Gulf Shores, AL, 36542 earns $214/mo cash flow from $2,150/mo rent with a $1,679/mo payment. Total monthly income totals $2,150/mo, and annual cash flow totals $2,565/yr on $113,701 capital. ROI tracks 22.17% on current figures, and rental yield reads 7.52% at a $342,990 purchase. Equity gained on principal adds $2,213/yr, and 5% annual appreciation supports $94,762 over five years. Five-year ROI reaches 114.22% and total cumulative return in cash sums $129,873. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,150/mo property income instead of your personal income.
Condo
Built in 2005
1,306 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: Matthew Kammers • Coldwell Banker Coastal Realty
Mls Name: Baldwin Realtors
Mls ID: #387273