9322 Lorrain CtGulf ShoresAL36542
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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 Gulf Shores at 9322 Lorrain Ct, Gulf Shores, AL, 36542 earns from $2,880/mo rent with a $3,872/mo payment. Total monthly income totals $2,880/mo. ROI tracks 12.75% on current figures, and rental yield reads 4.37% at a $791,000 purchase. Equity gained on principal adds $5,104/yr, and 5% annual appreciation supports $218,539 over five years. Five-year ROI reaches 63.7% and total cumulative return in cash sums $165,770. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Single Family
Built in 2001
4,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36542, Gulf Shores, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,438 (100%) |
| Owner Occupied HU | 6,282 (30.7%) |
| Renter Occupied HU | 3,228 (15.8%) |
| Vacant Housing Units | 10,928 (53.5%) |
| Median Home Value | $407,892 |
| Average Home Value | $473,194 |
Housing Distribution
Address Breakdown
Residential
14,536
Single Family
9,700
Multi-Family
4,836
Businesses
523
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Listed by: Karla Woodring • RE/MAX of Orange Beach
Mls Name: Baldwin Realtors
Mls ID: #382544