605 General Anderson PlDauphin IslandAL36528
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 Dauphin Island at 605 General Anderson Pl, Dauphin Island, AL, 36528 listed at $439,800 pairs $2,394/mo rent with a $2,153/mo payment. Total monthly income runs $2,394/mo. Return on cash invested measures 19.18% in year one, and rental yield registers 6.53% at a $439,800 basis. Equity gained on principal adds $2,838/yr, and annual property appreciation at 5% supports $121,509 by year five. Five-year ROI tracks 98.23% and total cumulative return in cash totals $143,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36528, Dauphin Island, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 728 (35.6%) |
| Renter Occupied HU | 119 ( 5.8%) |
| Vacant Housing Units | 1,200 (58.6%) |
| Median Home Value | $377,397 |
| Average Home Value | $415,721 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,113
Multi-Family
92
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Loper • Roberts Brothers West
Mls Name: GCMLS
Mls ID: #7623433