2136 Hamilton RdMobileAL36618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Mobile at 2136 Hamilton Rd, Mobile, AL, 36618 priced at $135,000 converts $1,037/mo rent into $275/mo cash flow after a $661/mo obligation. Total monthly income equals $1,037/mo, and annual cash flow totals $3,297/yr on $44,753 invested. Return on cash invested prints 27.28% in year one, and rental yield reads 9.22% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 141.66% and total cumulative return in cash sums $63,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,037/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36618, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 4,914 (67.0%) |
| Renter Occupied HU | 1,914 (26.1%) |
| Vacant Housing Units | 502 ( 6.8%) |
| Median Home Value | $182,353 |
| Average Home Value | $221,358 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
6,603
Multi-Family
440
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Jednat • RE/MAX Realty Professionals
Mls Name: GCMLS
Mls Provider:
Mls ID: #7458024
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.