126 Item 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 126 Item Ave, Mobile, AL, 36607 generates $1,810/mo in rent and, after a $732/mo payment, leaves $933/mo in cash flow. Total monthly income is $1,810/mo, and annual cash flow is $11,199/yr on $49,592 invested. Return on cash invested sits at 42.49% in year one, and rental yield is 14.52% on a $149,600 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,332 over five years. Five-year ROI reaches 223.58% and total cumulative return in cash sums $110,880. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,810/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
7,500 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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