1549 Augusta Dr EMobileAL36695
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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
Investment property for sale in Mobile at 1549 Augusta Dr E, Mobile, AL, 36695 at $310,000 posts ROI 29.88% with $854/mo cash flow from $2,620/mo rent. Total monthly income equals $2,620/mo, and annual cash flow records $10,246/yr on $102,765 to close. Return on cash invested measures 29.88% and rental yield reads 10.14% at the current $310,000. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 by year five. Five-year ROI prints 155.68% and total cumulative return in cash totals $159,979.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
9,387 sqft lot
$N/A/sqft
$200 annually 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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Listed by: Erica Cox • Wellhouse Real Estate West LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7558000
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.