1510 Ponce De Leon DrMobileAL36605
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
Investment property for sale in Mobile at 1510 Ponce De Leon Dr, Mobile, AL, 36605 uses $54,424 cash to close to unlock $4,222/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,279/mo, and a $804/mo payment keeps the spread at $352/mo. Purchase price stands at $164,174, and rental yield measures 9.35% with $1,279/mo rent. Return on cash invested shows 27.67% in year one, and 5% annual appreciation builds toward $45,358 over five years. Five-year ROI reaches 143.75% and total cumulative return in cash records $78,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,279/mo property income covering a $804/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36605, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,524 (100%) |
| Owner Occupied HU | 5,610 (44.8%) |
| Renter Occupied HU | 4,297 (34.3%) |
| Vacant Housing Units | 2,617 (20.9%) |
| Median Home Value | $116,350 |
| Average Home Value | $206,919 |
Housing Distribution
Address Breakdown
Residential
10,586
Single Family
10,090
Multi-Family
496
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices