1638 Levene RdMobileAL36605
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1638 Levene Rd, Mobile, AL, 36605 in Mobile. Priced at $125,300, it generates $1,776/mo in gross rent and $1,066/mo in net monthly cash flow, a 17.01% yield that comfortably supports the 3.15 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,790. Five-year appreciation: $34,618. Equity from principal paydown: $1,154/yr. Total projected cumulative return: $115,881.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17% | 6.8% |
| Monthly Cash Flow | $1,066 | $450 |
City averages based on Mobile market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,776 |
| Total Monthly Debt Service | $660 |
| DSCR Ratio | 2.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices