811 Ingraham PlDauphin IslandAL36528
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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 Dauphin Island at 811 Ingraham Pl, Dauphin Island, AL, 36528 priced at $498,990 converts $2,762/mo rent into after a $2,442/mo obligation. Total monthly income equals $2,762/mo. Return on cash invested prints 19.52% in year one, and rental yield reads 6.64% against a $498,990 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,862 by year five. Five-year ROI reaches 100.01% and total cumulative return in cash sums $165,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,762/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.40 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: Daniel Lursen • Alabama Realty, LLC
Mls Name: GCMLS
Mls ID: #7631267