11040 Straub 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 11040 Straub Rd, Grand Bay, AL, 36541 generates $2,380/mo in rent and, after a $1,419/mo payment, leaves $742/mo in cash flow. Total monthly income is $2,380/mo, and annual cash flow is $8,907/yr on $96,135 invested. Return on cash invested sits at 29.17% in year one, and rental yield is 9.85% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 151.85% and total cumulative return in cash sums $145,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,380/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
2.40 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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Listed by: Chrissi Moore • Roberts Brothers West
Mls Name: GCMLS
Mls Provider:
Mls ID: #7594879
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.