1005 Louise AveMobileAL36609
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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 1005 Louise Ave, Mobile, AL, 36609 earns $761/mo cash flow from $1,891/mo rent with a $980/mo payment. Total monthly income totals $1,891/mo, and annual cash flow totals $9,130/yr on $66,373 capital. ROI tracks 33.66% on current figures, and rental yield reads 11.33% at a $200,220 purchase. Equity gained on principal adds $1,292/yr, and 5% annual appreciation supports $55,317 over five years. Five-year ROI reaches 175.9% and total cumulative return in cash sums $116,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,891/mo property income instead of your personal income.
Single Family
Built in 1997
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36609, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,706 (100%) |
| Owner Occupied HU | 4,936 (38.8%) |
| Renter Occupied HU | 6,721 (52.9%) |
| Vacant Housing Units | 1,049 ( 8.3%) |
| Median Home Value | $228,794 |
| Average Home Value | $248,917 |
Housing Distribution
Address Breakdown
Residential
11,492
Single Family
6,555
Multi-Family
4,937
Businesses
1,002
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Listed by: Lindsey Mcfall • Keller Williams Mobile
Mls Name: GCMLS
Mls Provider:
Mls ID: #7544305
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.