957 W Beach Blvd APT 1802Gulf ShoresAL36542
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 Gulf Shores at 957 W Beach Blvd APT 1802, Gulf Shores, AL, 36542 generates $1,822/mo in rent, after a $2,833/mo payment. Total monthly income is $1,822/mo. Return on cash invested sits at 6.24% in year one, and rental yield is 3.78% on a $578,900 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation builds toward $159,939 over five years. Five-year ROI reaches 30.51% and total cumulative return in cash sums $58,103. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,822/mo property income rather than buyer’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$748 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liuba Golovatii • EXIT Realty Gulf Shores
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #375733
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.