214 Upham St UNIT 13CMobileAL36607
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
Investment property for sale in Mobile at 214 Upham St UNIT 13C, Mobile, AL, 36607 uses $38,454 cash to close to unlock $7,629/yr annual cash flow and $636/mo monthly cash flow. Total monthly income runs $1,676/mo, and a $568/mo payment keeps the spread at $636/mo. Purchase price stands at $116,000, and rental yield measures 17.34% with $1,676/mo rent. Return on cash invested shows 39.75% in year one, and 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 212.89% and total cumulative return in cash records $81,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,676/mo property income covering a $568/mo payment rather than investor’s personal income.
Single Family
Built in 1939
N/A lot
$N/A/sqft
$298 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices