208 S Warren St #1MobileAL36602
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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 208 S Warren St #1, Mobile, AL, 36602 listed at $493,100 pairs $1,876/mo rent with a $2,413/mo payment. Total monthly income runs $1,876/mo. Return on cash invested measures 13.25% in year one, and rental yield registers 4.57% at a $493,100 basis. Equity gained on principal adds $3,182/yr, and annual property appreciation at 5% supports $136,234 by year five. Five-year ROI tracks 66.45% and total cumulative return in cash totals $108,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,876/mo property income relative to a $2,413/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1868
6,172 sqft 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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