13291 August DrMobileAL36695
Nearby investment properties with comparable rents
- 3 Bed
- 2 Bath
- 1266 sft
- - Bed
- 1 Bath
- 1509 sft
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 13291 August Dr, Mobile, AL, 36695 generates $1,862/mo in rent and, after a $925/mo payment, leaves $795/mo in cash flow. Total monthly income is $1,862/mo, and annual cash flow is $9,543/yr on $62,654 invested. Return on cash invested sits at 35.14% in year one, and rental yield is 11.82% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 183.87% and total cumulative return in cash sums $115,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,862/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
10,031 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36695, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,268 (100%) |
| Owner Occupied HU | 14,535 (65.3%) |
| Renter Occupied HU | 6,614 (29.7%) |
| Vacant Housing Units | 1,119 ( 5.0%) |
| Median Home Value | $263,847 |
| Average Home Value | $294,427 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
16,541
Multi-Family
5,299
Businesses
729
Nearby investment properties with comparable rents
- 3 Bed
- 2 Bath
- 1266 sft
- - Bed
- 1 Bath
- 1509 sft
Nearby investment properties with comparable prices