159 Conway Dr WMobileAL36608
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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 159 Conway Dr W, Mobile, AL, 36608 with 5% annual appreciation on a $554,000 basis while $3,863/mo rent supports operations. Total monthly income totals $3,863/mo and a $2,712/mo payment preserves $736/mo for cash returns. Annual cash flow comes to $8,826/yr on $182,266 deployed, and return on cash invested reaches 24.9% in year one. Equity gained on principal adds $3,575/yr, and five-year appreciation sums $153,060 alongside rental yield of 8.37%. Five-year ROI measures 128.87% and total cumulative return in cash totals $234,894.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,863/mo property income versus a $2,712/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36608, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,107 (100%) |
| Owner Occupied HU | 9,031 (52.8%) |
| Renter Occupied HU | 6,553 (38.3%) |
| Vacant Housing Units | 1,523 ( 8.9%) |
| Median Home Value | $280,914 |
| Average Home Value | $348,681 |
Housing Distribution
Address Breakdown
Residential
16,856
Single Family
12,088
Multi-Family
4,768
Businesses
1,543
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