6685 Spaniel Dr #0DaphneAL36527
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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 Daphne at 6685 Spaniel Dr #0, Daphne, AL, 36527 uses $81,052 cash to close to unlock $10,795/yr annual cash flow and $900/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,197/mo payment keeps the spread at $900/mo. Purchase price stands at $244,500, and rental yield measures 11.19% with $2,280/mo rent. Return on cash invested shows 33.23% in year one, and 5% annual appreciation builds toward $67,551 over five years. Five-year ROI reaches 173.56% and total cumulative return in cash records $140,675. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,197/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
1,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36527, Spanish Fort, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,139 (100%) |
| Owner Occupied HU | 5,682 (69.8%) |
| Renter Occupied HU | 1,768 (21.7%) |
| Vacant Housing Units | 689 ( 8.5%) |
| Median Home Value | $387,509 |
| Average Home Value | $441,848 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
6,813
Multi-Family
978
Businesses
484
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