8588 Highway 188Bayou La BatreAL36509
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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 Bayou La Batre at 8588 Highway 188, Bayou La Batre, AL, 36509 listed at $125,000 pairs $981/mo rent with a $612/mo payment to leave $275/mo cash flow. Total monthly income runs $981/mo, and annual cash flow reaches $3,303/yr on $41,438 cash to close. Return on cash invested measures 27.88% in year one, and rental yield registers 9.42% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 144.98% and total cumulative return in cash totals $60,077. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $981/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36509, Bayou La Batre, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 370 (59.0%) |
| Renter Occupied HU | 168 (26.8%) |
| Vacant Housing Units | 89 (14.2%) |
| Median Home Value | $91,818 |
| Average Home Value | $151,595 |
Housing Distribution
Address Breakdown
Residential
689
Single Family
634
Multi-Family
55
Businesses
187
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Listed by: Amari Richardson • IXL Real Estate LLC
Mls Name: GCMLS
Mls ID: #7708826