818 Crystal Wells Ct SFairhopeAL36532
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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 Fairhope at 818 Crystal Wells Ct S, Fairhope, AL, 36532 priced at $256,000 converts $1,826/mo rent into $364/mo cash flow after a $1,253/mo obligation. Total monthly income equals $1,826/mo, and annual cash flow totals $4,372/yr on $84,864 invested. Return on cash invested prints 25.06% in year one, and rental yield reads 8.56% against a $256,000 entry. Equity gained on principal adds $1,652/yr, while 5% annual appreciation compiles into $70,728 by year five. Five-year ROI reaches 129.88% and total cumulative return in cash sums $110,218. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,826/mo property income covering a $1,253/mo payment, not borrower’s personal income.
Single Family
Built in 2000
7,274 sqft lot
$N/A/sqft
$100 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36532, Fairhope, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,908 (100%) |
| Owner Occupied HU | 13,032 (68.9%) |
| Renter Occupied HU | 3,563 (18.8%) |
| Vacant Housing Units | 2,313 (12.2%) |
| Median Home Value | $443,110 |
| Average Home Value | $519,568 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
15,732
Multi-Family
1,172
Businesses
1,124
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Listed by: Taylor Doss • Signature Properties
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #377431
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.