150 Austill AveMobileAL36608
Nearby investment properties with comparable rents
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 150 Austill Ave, Mobile, AL, 36608 priced at $1,836,900 converts $4,207/mo rent into after a $8,991/mo obligation. Total monthly income equals $4,207/mo. Return on cash invested prints 7.95% in year one, and rental yield reads 2.75% against a $1,836,900 entry. Equity gained on principal adds $11,853/yr, while 5% annual appreciation compiles into $507,502 by year five. Five-year ROI reaches 37.86% and total cumulative return in cash sums $225,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,207/mo property income covering a $8,991/mo payment, not borrower’s personal income.
Single Family
Built in 1982
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36608, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,107 (100%) |
| Owner Occupied HU | 9,031 (52.8%) |
| Renter Occupied HU | 6,553 (38.3%) |
| Vacant Housing Units | 1,523 ( 8.9%) |
| Median Home Value | $280,914 |
| Average Home Value | $348,681 |
Housing Distribution
Address Breakdown
Residential
16,856
Single Family
12,088
Multi-Family
4,768
Businesses
1,543
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices