204 Conti St #1AMobileAL36602
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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 204 Conti St #1A, Mobile, AL, 36602 earns $847/mo cash flow from $2,026/mo rent with a $1,022/mo payment. Total monthly income totals $2,026/mo, and annual cash flow totals $10,168/yr on $69,250 capital. ROI tracks 34.59% on current figures, and rental yield reads 11.64% at a $208,900 purchase. Equity gained on principal adds $1,348/yr, and 5% annual appreciation supports $57,715 over five years. Five-year ROI reaches 180.9% and total cumulative return in cash sums $125,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,026/mo property income instead of your personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36602, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 210 (20.6%) |
| Renter Occupied HU | 600 (58.9%) |
| Vacant Housing Units | 209 (20.5%) |
| Median Home Value | $271,429 |
| Average Home Value | $267,274 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
453
Multi-Family
527
Businesses
711
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