1852 Old Shell RdMobileAL36607
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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
Total monthly income runs $1,178/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 5.65% with $1,178/mo rent. Return on cash invested shows 14.49% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 73.89% and total cumulative return in cash records $61,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,178/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Multi Family
Built in 2005
9,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36607, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 1,460 (39.5%) |
| Renter Occupied HU | 1,593 (43.1%) |
| Vacant Housing Units | 647 (17.5%) |
| Median Home Value | $213,704 |
| Average Home Value | $279,693 |
Housing Distribution
Address Breakdown
Residential
3,093
Single Family
2,589
Multi-Family
504
Businesses
516
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Listed by: Rameh Dickens Khazen • Bellator Real Estate LLC Mobile
Mls Name: GCMLS
Mls Provider:
Mls ID: #7605899
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