1000 Middle Ring RdMobileAL36608
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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 1000 Middle Ring Rd, Mobile, AL, 36608 uses $57,018 cash to close to unlock $4,788/yr annual cash flow and $399/mo monthly cash flow. Total monthly income runs $1,370/mo, and a $842/mo payment keeps the spread at $399/mo. Purchase price stands at $172,000, and rental yield measures 9.56% with $1,370/mo rent. Return on cash invested shows 28.31% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 147.16% and total cumulative return in cash records $83,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,370/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36608, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,107 (100%) |
| Owner Occupied HU | 9,031 (52.8%) |
| Renter Occupied HU | 6,553 (38.3%) |
| Vacant Housing Units | 1,523 ( 8.9%) |
| Median Home Value | $280,914 |
| Average Home Value | $348,681 |
Housing Distribution
Address Breakdown
Residential
16,856
Single Family
12,088
Multi-Family
4,768
Businesses
1,543
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