1251 Henckley Ave APT 109MobileAL36609
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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 1251 Henckley Ave APT 109, Mobile, AL, 36609 uses $51,383 cash to close to unlock $1,878/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,221/mo, and a $759/mo payment keeps the spread at $156/mo. Purchase price stands at $155,000, and rental yield measures 9.45% with $1,221/mo rent. Return on cash invested shows 23.56% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 123.39% and total cumulative return in cash records $63,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,221/mo property income covering a $759/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$185 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36609, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,706 (100%) |
| Owner Occupied HU | 4,936 (38.8%) |
| Renter Occupied HU | 6,721 (52.9%) |
| Vacant Housing Units | 1,049 ( 8.3%) |
| Median Home Value | $228,794 |
| Average Home Value | $248,917 |
Housing Distribution
Address Breakdown
Residential
11,492
Single Family
6,555
Multi-Family
4,937
Businesses
1,002
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Listed by: Delaney Tyndall • Dodson Real Estate Group, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #378921
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.