8354 Ellens Cove DrGrand 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 8354 Ellens Cove Dr, Grand Bay, AL, 36541 generates $1,800/mo in rent and, after a $1,399/mo payment, leaves $187/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $2,239/yr on $94,776 invested. Return on cash invested sits at 22.27% in year one, and rental yield is 7.56% on a $285,900 entry. Equity gained on principal adds $1,845/yr, while 5% annual appreciation builds toward $78,989 over five years. Five-year ROI reaches 114.82% and total cumulative return in cash sums $108,817. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
10,454 sqft 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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