901 Dolive StBay MinetteAL36507
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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 Bay Minette at 901 Dolive St, Bay Minette, AL, 36507 offers a 9.32% rental yield on a $144,900 purchase with $1,125/mo rent. Total monthly income registers $1,125/mo, and a $709/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,688/yr on $48,034 to close, and return on cash invested stands at 27.59% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 143.35% and total cumulative return in cash at $68,857. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,125/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36507, Bay Minette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 5,931 (65.8%) |
| Renter Occupied HU | 1,994 (22.1%) |
| Vacant Housing Units | 1,083 (12.0%) |
| Median Home Value | $244,654 |
| Average Home Value | $269,012 |
Housing Distribution
Address Breakdown
Residential
7,944
Single Family
7,570
Multi-Family
374
Businesses
647
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Listed by: Patty Bailey • Bailey Realty Group, LLC
Mls Name: Baldwin Realtors
Mls ID: #381741