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    104 Laguna Cir Daphne, AL 36526

    For Sale
    $360,000

    Turnkey Rental, Golf Course Lot, High ROI

    Property size:
    2,300 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a single-family home in Daphne, Alabama, a thriving community experiencing significant population growth and high demand for housing. Located on a premium golf course lot in Baldwin County, this property offers substantial potential for appreciation. The 2,300 square foot, two-story home, built in 1994, boasts recent updates including new plumbing and a fortified roof, ensuring both functionality and cost savings through insurance discounts. The property is zoned R-3, providing flexibility for future use. Its proximity to I-10 enhances tenant attraction, appealing to those commuting to Mobile or Pensacola. The home's strong financial performance is reflected in its $360,000 asking price, a $156.52 price per square foot, and a projected 5.40% pro-forma cap rate, generating a pro-forma NOI of $19,457. This turnkey rental property is an ideal addition to any investment portfolio, offering a compelling combination of location, updates, and strong financial projections. The property's location on a golf course lot adds to its desirability and potential for long-term value growth. This is a rare opportunity to acquire a high-performing rental property in a desirable location with significant upside potential.

    Property Features for 104 Laguna Cir

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,300 SF

    Building Details

    Year Built
    1994
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $360,000 asking price for this single‑family rental property in Daphne, Alabama.
    • 5.40% pro‑forma cap rate with a $19,457 pro‑forma NOI.
    • Located on a premium golf course lot in a growing area with high housing demand.
    • Recently updated with new plumbing and a new roof.
    • Convenient location near I‑10, enhancing tenant appeal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Restaurant Spa & Massage Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy Wholesale Shop Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.888945563049
    Latitude
    30.646169470655

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    FAQs

    What type of property is this?
    Multifamily property - Turnkey Rental, Golf Course Lot, High ROI
    Where is this multifamily property located?
    The property is located at 104 Laguna Cir Daphne, AL.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: $360,000 asking price for this single-family rental property in Daphne, Alabama.; 5.40% pro-forma cap rate with a $19,457 pro-forma NOI.; Located on a premium golf course lot in a growing area with high housing demand.
    Request Owner's contact information
    104 Laguna Cir Daphne, AL 36526
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    Daphne, AL 36526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    104 Laguna Cir Daphne, AL 36526
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