1121 Newman LnMobileAL36610
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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 1121 Newman Ln, Mobile, AL, 36610 earns $333/mo cash flow from $1,236/mo rent with a $783/mo payment. Total monthly income totals $1,236/mo, and annual cash flow totals $3,996/yr on $53,040 capital. ROI tracks 27.44% on current figures, and rental yield reads 9.27% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 142.49% and total cumulative return in cash sums $75,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,236/mo property income instead of your personal income.
Single Family
Built in 2024
7,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36610, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,206 (100%) |
| Owner Occupied HU | 2,074 (39.8%) |
| Renter Occupied HU | 1,981 (38.1%) |
| Vacant Housing Units | 1,151 (22.1%) |
| Median Home Value | $53,742 |
| Average Home Value | $116,964 |
Housing Distribution
Address Breakdown
Residential
4,207
Single Family
4,111
Multi-Family
96
Businesses
349
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Listed by: Andreda Randelson • The Vine Realty Group
Mls Name: GCMLS
Mls Provider:
Mls ID: #7444726
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.