10750 Grand AveGrand 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
Investment property for sale in Grand Bay at 10750 Grand Ave, Grand Bay, AL, 36541 uses $62,985 cash to close to unlock $5,322/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $1,516/mo, and a $930/mo payment keeps the spread at $444/mo. Purchase price stands at $190,000, and rental yield measures 9.57% with $1,516/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 147.48% and total cumulative return in cash records $92,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,516/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.93 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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