1554 Forrest StMobileAL36605
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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 1554 Forrest St, Mobile, AL, 36605 offers a 16.99% rental yield on a $103,000 purchase with $1,458/mo rent. Total monthly income registers $1,458/mo, and a $504/mo payment leaves $867/mo available for distribution. Annual cash flow reaches $10,399/yr on $34,145 to close, and return on cash invested stands at 50.37% in year one. Equity gained on principal adds $665/yr while 5% annual appreciation supports $28,457 over five years. Portfolio math shows five-year ROI at 265.65% and total cumulative return in cash at $90,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,458/mo property income against a $504/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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
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