123 Hyland AveMobileAL36607
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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 123 Hyland Ave, Mobile, AL, 36607 priced at $339,000 converts $2,081/mo rent into $168/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,081/mo, and annual cash flow totals $2,013/yr on $112,379 invested. Return on cash invested prints 21.7% in year one, and rental yield reads 7.37% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 111.73% and total cumulative return in cash sums $125,560. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,081/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36607, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 1,460 (39.5%) |
| Renter Occupied HU | 1,593 (43.1%) |
| Vacant Housing Units | 647 (17.5%) |
| Median Home Value | $213,704 |
| Average Home Value | $279,693 |
Housing Distribution
Address Breakdown
Residential
3,093
Single Family
2,589
Multi-Family
504
Businesses
516
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Listed by: Etinyia Stallworth • RE/MAX Partners
Mls Name: GCMLS
Mls Provider:
Mls ID: #7481286
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.