104 Laguna Cir Daphne, AL 36526
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.