662 Oleander StGulf 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 662 Oleander St, Gulf Shores, AL, 36542 uses $159,949 cash to close to unlock $14,114/yr annual cash flow and $1,176/mo monthly cash flow. Total monthly income runs $3,900/mo, and a $2,362/mo payment keeps the spread at $1,176/mo. Purchase price stands at $482,500, and rental yield measures 9.7% with $3,900/mo rent. Return on cash invested shows 28.73% in year one, and 5% annual appreciation builds toward $133,306 over five years. Five-year ROI reaches 149.46% and total cumulative return in cash records $239,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,900/mo property income covering a $2,362/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,837 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 McGowin • Wellhouse Real Estate Eastern
Mls Name: Baldwin Realtors
Mls ID: #378532