905 Ruisseau 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 905 Ruisseau Dr, Foley, AL, 36535 uses $124,313 cash to close to unlock $6,491/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $2,678/mo, and a $1,835/mo payment keeps the spread at $541/mo. Purchase price stands at $375,000, and rental yield measures 8.57% with $2,678/mo rent. Return on cash invested shows 25.13% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 130.19% and total cumulative return in cash records $161,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,678/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2022
7,187 sqft lot
$N/A/sqft
$250 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: Rachael Sewell • IXL Real Estate-Eastern Shore
Mls Name: GCMLS
Mls Provider:
Mls ID: #7541707
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.