1638 Levene RdMobileAL36605
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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 1638 Levene Rd, Mobile, AL, 36605 with 5% annual appreciation on a $125,300 basis while $1,776/mo rent supports operations. Total monthly income totals $1,776/mo and a $613/mo payment preserves $1,066/mo for cash returns. Annual cash flow comes to $12,793/yr on $41,537 deployed, and return on cash invested reaches 50.71% in year one. Equity gained on principal adds $809/yr, and five-year appreciation sums $34,618 alongside rental yield of 17.01%. Five-year ROI measures 267.41% and total cumulative return in cash totals $111,075.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,776/mo property income versus a $613/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.80 Acres 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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