8818 Sea Star CirFoleyAL36535
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Foley at 8818 Sea Star Cir, Foley, AL, 36535 priced at $364,558 converts $2,700/mo rent into $548/mo cash flow after a $1,784/mo obligation. Total monthly income equals $2,700/mo, and annual cash flow totals $6,571/yr on $120,851 invested. Return on cash invested prints 25.35% in year one, and rental yield reads 8.89% against a $364,558 entry. Equity gained on principal adds $2,352/yr, while 5% annual appreciation compiles into $100,721 by year five. Five-year ROI reaches 131.64% and total cumulative return in cash sums $159,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,784/mo payment, not borrower’s personal income.
Single Family
Built in 2023
7,875 sqft lot
$N/A/sqft
$1,140 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keisha Lee • DHI Realty of Alabama, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #359493
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.