10650 Old Pascagoula RdGrand BayAL36541
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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
Rental property for sale in Grand Bay at 10650 Old Pascagoula Rd, Grand Bay, AL, 36541 generates $2,435/mo in rent and, after a $1,936/mo payment, leaves $202/mo in cash flow. Total monthly income is $2,435/mo, and annual cash flow is $2,429/yr on $131,108 invested. Return on cash invested sits at 21.76% in year one, and rental yield is 7.39% on a $395,500 entry. Equity gained on principal adds $2,552/yr, while 5% annual appreciation builds toward $109,269 over five years. Five-year ROI reaches 112.07% and total cumulative return in cash sums $146,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,435/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
3.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36541, Grand Bay, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,201 (100%) |
| Owner Occupied HU | 4,665 (75.2%) |
| Renter Occupied HU | 983 (15.9%) |
| Vacant Housing Units | 553 ( 8.9%) |
| Median Home Value | $221,927 |
| Average Home Value | $237,174 |
Housing Distribution
Address Breakdown
Residential
5,529
Single Family
5,529
Multi-Family
0
Businesses
202
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