707 Alabama AveDauphin 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
Rental property for sale in Dauphin Island at 707 Alabama Ave, Dauphin Island, AL, 36528 priced at $329,900 converts $2,367/mo rent into $505/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,367/mo, and annual cash flow totals $6,055/yr on $109,362 invested. Return on cash invested prints 25.45% in year one, and rental yield reads 8.61% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 131.83% and total cumulative return in cash sums $144,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,367/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.42 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
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Listed by: Lisa Granger • Real Broker LLC
Mls Name: GCMLS
Mls ID: #7694978