1663 Cody Rd NMobileAL36618
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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
Rental property for sale in Mobile at 1663 Cody Rd N, Mobile, AL, 36618 generates $1,104/mo in rent and, after a $710/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,104/mo, and annual cash flow is $3,423/yr on $48,068 invested. Return on cash invested sits at 27.03% in year one, and rental yield is 9.14% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 140.42% and total cumulative return in cash sums $67,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,104/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36618, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 4,914 (67.0%) |
| Renter Occupied HU | 1,914 (26.1%) |
| Vacant Housing Units | 502 ( 6.8%) |
| Median Home Value | $182,353 |
| Average Home Value | $221,358 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
6,603
Multi-Family
440
Businesses
440
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Listed by: Dylan Thomas • Revitalize Realty LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7503503
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.