207 S Mobile St APT 204, Fairhope, AL, 36532 | 6.19% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1352 sft

14291 Indigo Loop, Summerdale, AL, 36580

3 Bed
1 Bath
1288 sft

1610 Cadillac Dr, Mobile, AL, 36605

3 Bed
2 Bath
1160 sft

3402 Angelas Ct, Eight Mile, AL, 36613

3 Bed
2 Bath
1189 sft

3382 Angelas Ct, Eight Mile, AL, 36613

Nearby investment properties with comparable prices

3 Bed
2 Bath
1281 sft

13634 Logan Pl, Foley, AL, 36535

3 Bed
2 Bath
1281 sft

21171 Roughleaf Dr, Summerdale, AL, 36580

3 Bed
2 Bath
2044 sft

24675 Ulrich Ln, Elberta, AL, 36530

3 Bed
2 Bath
1739 sft

5471 Hilltop Dr S, Mobile, AL, 36608

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fairhope at 207 S Mobile St APT 204, Fairhope, AL, 36532 earns from $1,624/mo rent with a $1,542/mo payment. Total monthly income totals $1,624/mo. ROI tracks 18.14% on current figures, and rental yield reads 6.19% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 92.64% and total cumulative return in cash sums $96,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,624/mo property income instead of your personal income.

Condo

Built in 1978

2.17 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36532, Fairhope, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,908 (100%)
Owner Occupied HU	13,032 (68.9%)
Renter Occupied HU	3,563 (18.8%)
Vacant Housing Units	2,313 (12.2%)
Median Home Value	$443,110
Average Home Value	$519,568