603 Willow Point CtGulf 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
Rental property for sale in Gulf Shores at 603 Willow Point Ct, Gulf Shores, AL, 36542 priced at $865,000 pairs $5,584/mo rent with $640/mo cash flow after a $4,234/mo payment. Total monthly income equals $5,584/mo, and annual cash flow comes to $7,675/yr on $284,585 invested. Return on cash invested is 22.76% in year one, and rental yield stands at 7.75% on a $865,000 basis. Equity gained on principal adds $5,582/yr, and 5% annual appreciation accumulates to $238,984 by year five. Five-year ROI measures 117.46% and total cumulative return in cash reaches $334,263. For financing, Ziffy Mortgage’s DSCR program evaluates $5,584/mo property income against a $4,234/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.41 Acres lot
$N/A/sqft
$185 quarterly 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: Billy Mclain • IXL Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7479146
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.