10738 Bennett Rd NGrand BayAL36541
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 10738 Bennett Rd N, Grand Bay, AL, 36541 in Grand Bay at $100,000 earns $760/mo in rent and nets $187/mo after the $450/mo payment, a 9.12% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $27,628 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $921/yr in principal paydown, total projected return reaches $49,769.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.0% |
| Monthly Cash Flow | $187 | $350 |
City averages based on Grand Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $760 |
| Total Monthly Debt Service | $533 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
0.54 Acres lot
$N/A/sqft
$100 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2000
0.54 Acres lot
$N/A/sqft
$100 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lexus Hansen • Coldwell Banker Smith Homes
Mls Name: GCMLS
Mls Provider:
Mls ID: #7467829
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.