The Cali Plan, Ellen's CoveGrand BayAL36541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 The Cali Plan, Ellen's Cove, Grand Bay, AL, 36541 priced at $288,900 converts $1,800/mo rent into $169/mo cash flow after a $1,414/mo obligation. Total monthly income equals $1,800/mo, and annual cash flow totals $2,032/yr on $95,770 invested. Return on cash invested prints 22.03% in year one, and rental yield reads 7.48% against a $288,900 entry. Equity gained on principal adds $1,864/yr, while 5% annual appreciation compiles into $79,818 by year five. Five-year ROI reaches 113.54% and total cumulative return in cash sums $108,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,414/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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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