1557 Basil StMobileAL36603
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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 1557 Basil St, Mobile, AL, 36603 priced at $128,000 converts $1,020/mo rent into $298/mo cash flow after a $627/mo obligation. Total monthly income equals $1,020/mo, and annual cash flow totals $3,576/yr on $42,432 invested. Return on cash invested prints 28.34% in year one, and rental yield reads 9.56% against a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation compiles into $35,364 by year five. Five-year ROI reaches 147.31% and total cumulative return in cash sums $62,507. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $627/mo payment, not borrower’s personal income.
Single Family
Built in 1947
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36603, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,885 (100%) |
| Owner Occupied HU | 1,078 (27.7%) |
| Renter Occupied HU | 1,953 (50.3%) |
| Vacant Housing Units | 854 (22.0%) |
| Median Home Value | $119,133 |
| Average Home Value | $197,221 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,556
Multi-Family
596
Businesses
327
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