7808 N Wenzel RdFoleyAL36535
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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 Foley at 7808 N Wenzel Rd, Foley, AL, 36535 priced at $438,000 converts $2,339/mo rent into after a $2,144/mo obligation. Total monthly income equals $2,339/mo. Return on cash invested prints 18.47% in year one, and rental yield reads 6.41% against a $438,000 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation compiles into $121,011 by year five. Five-year ROI reaches 94.53% and total cumulative return in cash sums $137,250. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,339/mo property income covering a $2,144/mo payment, not borrower’s personal income.
Single Family
Built in 1975
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36535, Foley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,865 (100%) |
| Owner Occupied HU | 12,586 (60.3%) |
| Renter Occupied HU | 5,135 (24.6%) |
| Vacant Housing Units | 3,144 (15.1%) |
| Median Home Value | $299,550 |
| Average Home Value | $322,808 |
Housing Distribution
Address Breakdown
Residential
18,404
Single Family
17,522
Multi-Family
882
Businesses
1,276
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Listed by: Sheila Kean • Wild Oak Properties LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #378256
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.