1605 Government StMobileAL36604
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
Investment property for sale in Mobile at 1605 Government St, Mobile, AL, 36604 at $543,600 posts ROI 35.63% with $2,320/mo cash flow from $5,462/mo rent. Total monthly income equals $5,462/mo, and annual cash flow records $27,839/yr on $178,844 to close. Return on cash invested measures 35.63% and rental yield reads 12.06% at the current $543,600. Equity gained on principal adds $3,508/yr, and 5% annual appreciation supports $150,187 by year five. Five-year ROI prints 186.55% and total cumulative return in cash totals $333,628.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,462/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36604, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,225 (100%) |
| Owner Occupied HU | 2,263 (43.3%) |
| Renter Occupied HU | 1,784 (34.1%) |
| Vacant Housing Units | 1,178 (22.5%) |
| Median Home Value | $296,824 |
| Average Home Value | $307,895 |
Housing Distribution
Address Breakdown
Residential
4,408
Single Family
3,770
Multi-Family
638
Businesses
329
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