1648 Apex DrMobileAL36693
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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 1648 Apex Dr, Mobile, AL, 36693 earns $1,024/mo cash flow from $2,011/mo rent with a $856/mo payment. Total monthly income totals $2,011/mo, and annual cash flow totals $12,286/yr on $57,979 capital. ROI tracks 41.1% on current figures, and rental yield reads 13.8% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 215.77% and total cumulative return in cash sums $125,100. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,011/mo property income instead of your personal income.
Single Family
Built in 1980
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36693, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,549 (61.8%) |
| Renter Occupied HU | 2,629 (29.3%) |
| Vacant Housing Units | 808 ( 9.0%) |
| Median Home Value | $234,614 |
| Average Home Value | $284,297 |
Housing Distribution
Address Breakdown
Residential
8,474
Single Family
6,581
Multi-Family
1,893
Businesses
653
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