158 S Cedar StMobileAL36602
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 158 S Cedar St, Mobile, AL, 36602 priced at $269,400 pairs $2,276/mo rent with $755/mo cash flow after a $1,319/mo payment. Total monthly income equals $2,276/mo, and annual cash flow comes to $9,059/yr on $89,306 invested. Return on cash invested is 30.05% in year one, and rental yield stands at 10.14% on a $269,400 basis. Equity gained on principal adds $1,738/yr, and 5% annual appreciation accumulates to $74,430 by year five. Five-year ROI measures 156.52% and total cumulative return in cash reaches $139,781. For financing, Ziffy Mortgage’s DSCR program evaluates $2,276/mo property income against a $1,319/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1904
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36602, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 210 (20.6%) |
| Renter Occupied HU | 600 (58.9%) |
| Vacant Housing Units | 209 (20.5%) |
| Median Home Value | $271,429 |
| Average Home Value | $267,274 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
453
Multi-Family
527
Businesses
711
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