10 N Dearborn StMobileAL36602
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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 Mobile at 10 N Dearborn St, Mobile, AL, 36602 listed at $211,200 pairs $1,732/mo rent with a $1,034/mo payment to leave $540/mo cash flow. Total monthly income runs $1,732/mo, and annual cash flow reaches $6,475/yr on $70,013 cash to close. Return on cash invested measures 29.16% in year one, and rental yield registers 9.84% at a $211,200 basis. Equity gained on principal adds $1,363/yr, and annual property appreciation at 5% supports $58,351 by year five. Five-year ROI tracks 151.75% and total cumulative return in cash totals $106,244. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,732/mo property income relative to a $1,034/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36602, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 210 (20.6%) |
| Renter Occupied HU | 600 (58.9%) |
| Vacant Housing Units | 209 (20.5%) |
| Median Home Value | $271,429 |
| Average Home Value | $267,274 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
453
Multi-Family
527
Businesses
711
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