8218 Edgewood DrDaphneAL36526
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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 8218 Edgewood Dr, Daphne, AL, 36526 offers a 13.01% rental yield on a $225,900 purchase with $2,450/mo rent. Total monthly income registers $2,450/mo, and a $1,106/mo payment leaves $1,166/mo available for distribution. Annual cash flow reaches $13,995/yr on $74,886 to close, and return on cash invested stands at 38.6% in year one. Equity gained on principal adds $1,458/yr while 5% annual appreciation supports $62,412 over five years. Portfolio math shows five-year ROI at 202.44% and total cumulative return in cash at $151,599. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,450/mo property income against a $1,106/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7,535 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36526, Daphne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,899 (100%) |
| Owner Occupied HU | 12,007 (67.1%) |
| Renter Occupied HU | 4,253 (23.8%) |
| Vacant Housing Units | 1,639 ( 9.2%) |
| Median Home Value | $350,867 |
| Average Home Value | $399,652 |
Housing Distribution
Address Breakdown
Residential
16,538
Single Family
14,571
Multi-Family
1,967
Businesses
1,632
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Listed by: Rachel Romash Reese • Elite Real Estate Solutions, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #367298
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.