8830 Conquistador EGrand 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 8830 Conquistador E, Grand Bay, AL, 36541 uses $49,394 cash to close to unlock $3,951/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $1,170/mo, and a $729/mo payment keeps the spread at $329/mo. Purchase price stands at $149,000, and rental yield measures 9.42% with $1,170/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 145.1% and total cumulative return in cash records $71,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,170/mo property income covering a $729/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
0.50 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: Lindsay Landry • IXL Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7544073
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.