167 E Collins StMobileAL36606
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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 167 E Collins St, Mobile, AL, 36606 with 5% annual appreciation on a $124,900 basis while $1,163/mo rent supports operations. Total monthly income totals $1,163/mo and a $611/mo payment preserves $458/mo for cash returns. Annual cash flow comes to $5,500/yr on $41,404 deployed, and return on cash invested reaches 33.19% in year one. Equity gained on principal adds $806/yr, and five-year appreciation sums $34,508 alongside rental yield of 11.17%. Five-year ROI measures 173.45% and total cumulative return in cash totals $71,818.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,163/mo property income versus a $611/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
6,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36606, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 3,815 (42.9%) |
| Renter Occupied HU | 4,040 (45.4%) |
| Vacant Housing Units | 1,041 (11.7%) |
| Median Home Value | $167,385 |
| Average Home Value | $215,430 |
Housing Distribution
Address Breakdown
Residential
8,361
Single Family
6,941
Multi-Family
1,420
Businesses
1,306
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