1203 Skipper DrMobileAL36608
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Nearby investment properties with comparable prices
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 1203 Skipper Dr, Mobile, AL, 36608 offers $1,514/mo rent that, after a $600/mo payment, leaves $802/mo cash flow. Total monthly income is $1,514/mo, and annual cash flow is $9,628/yr on $40,609 cash. Return on cash invested measures 43.62% in year one, and rental yield stands at 14.83% at a $122,500 entry. Equity gained on principal adds $790/yr while 5% annual appreciation compounds into $33,844 by year five. Five-year ROI records 229.58% and total cumulative return in cash reaches $93,228. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,514/mo property income versus a $600/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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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