1337 Carson Rd WMobileAL36695
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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 1337 Carson Rd W, Mobile, AL, 36695 priced at $354,900 converts $2,431/mo rent into $428/mo cash flow after a $1,737/mo obligation. Total monthly income equals $2,431/mo, and annual cash flow totals $5,134/yr on $117,649 invested. Return on cash invested prints 24.27% in year one, and rental yield reads 8.22% against a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation compiles into $98,052 by year five. Five-year ROI reaches 125.52% and total cumulative return in cash sums $147,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,431/mo property income covering a $1,737/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.38 Acres 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
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