603 Estates DrGulf 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 603 Estates Dr, Gulf Shores, AL, 36542 with 5% annual appreciation on a $874,500 basis while $2,880/mo rent supports operations. 49% in year one. Equity gained on principal adds $5,643/yr, and five-year appreciation sums $241,608 alongside rental yield of 3.95%. Five-year ROI measures 56.93% and total cumulative return in cash totals $163,786. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,880/mo property income versus a $4,280/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
0.58 Acres 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: Bob Shallow • RE/MAX Paradise
Mls Name: Baldwin Realtors
Mls ID: #359674