122 Glenwood St, Mobile, AL, 36606 | 4.62% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,310/mo, and a $1,664/mo payment. Purchase price stands at $340,000, and rental yield measures 4.62% with $1,310/mo rent. Return on cash invested shows 13.43% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 67.34% and total cumulative return in cash records $75,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Multi Family

Built in N/A

9,430 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36606, Mobile, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,896 (100%)
Owner Occupied HU	3,815 (42.9%)
Renter Occupied HU	4,040 (45.4%)
Vacant Housing Units	1,041 (11.7%)
Median Home Value	$167,385
Average Home Value	$215,430