Cornel IV I Plan, Eastgate BendFoleyAL36535
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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 Cornel IV I Plan, Eastgate Bend, Foley, AL, 36535 with 5% annual appreciation on a $296,990 basis while $2,220/mo rent supports operations. Total monthly income totals $2,220/mo and a $1,454/mo payment preserves $543/mo for cash returns. Annual cash flow comes to $6,519/yr on $98,452 deployed, and return on cash invested reaches 26.53% in year one. Equity gained on principal adds $1,916/yr, and five-year appreciation sums $82,053 alongside rental yield of 8.97%. Five-year ROI measures 137.67% and total cumulative return in cash totals $135,543.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,220/mo property income versus a $1,454/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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