12801 Cherokee CtGrand 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 12801 Cherokee Ct, Grand Bay, AL, 36541 uses $76,179 cash to close to unlock $5,672/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $1,125/mo payment keeps the spread at $473/mo. Purchase price stands at $229,800, and rental yield measures 9.24% with $1,770/mo rent. Return on cash invested shows 27.35% in year one, and 5% annual appreciation builds toward $63,490 over five years. Five-year ROI reaches 142.06% and total cumulative return in cash records $108,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.35 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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