109 Conway Dr WMobileAL36608
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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
Rental property for sale in Mobile at 109 Conway Dr W, Mobile, AL, 36608 generates $3,610/mo in rent and, after a $2,447/mo payment, leaves $788/mo in cash flow. Total monthly income is $3,610/mo, and annual cash flow is $9,457/yr on $165,717 invested. Return on cash invested sits at 25.62% in year one, and rental yield is 8.67% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 132.75% and total cumulative return in cash sums $219,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,610/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.47 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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