8606 Bay View DrFoleyAL36535
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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 Foley at 8606 Bay View Dr, Foley, AL, 36535 earns from $3,008/mo rent with a $4,013/mo payment. Total monthly income totals $3,008/mo. ROI tracks 12.82% on current figures, and rental yield reads 4.4% at a $819,950 purchase. Equity gained on principal adds $5,291/yr, and 5% annual appreciation supports $226,537 over five years. Five-year ROI reaches 64.09% and total cumulative return in cash sums $172,891. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,008/mo property income instead of your personal income.
Single Family
Built in 1988
1.33 Acres lot
$N/A/sqft
$90 annually 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: Dotty Lou Farias • RE/MAX of Gulf Shores
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #382254
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.