8940 Caitlin StFoleyAL36535
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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 Foley at 8940 Caitlin St, Foley, AL, 36535 offers $2,125/mo rent that, after a $1,193/mo payment, leaves $745/mo cash flow. Total monthly income is $2,125/mo, and annual cash flow is $8,943/yr on $80,787 cash. Return on cash invested measures 30.98% in year one, and rental yield stands at 10.46% at a $243,700 entry. Equity gained on principal adds $1,573/yr while 5% annual appreciation compounds into $67,330 by year five. Five-year ROI records 161.54% and total cumulative return in cash reaches $130,500. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,125/mo property income versus a $1,193/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.35 Acres lot
$N/A/sqft
$4 monthly 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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