Destin Plan, LedgewickFoleyAL36535
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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 Destin Plan, Ledgewick, Foley, AL, 36535 offers a 10.51% rental yield on a $308,990 purchase with $2,705/mo rent. Total monthly income registers $2,705/mo, and a $1,512/mo payment leaves $961/mo available for distribution. Annual cash flow reaches $11,535/yr on $102,430 to close, and return on cash invested stands at 31.17% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,368 over five years. Portfolio math shows five-year ROI at 162.55% and total cumulative return in cash at $166,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,705/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
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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