214 Upham St UNIT 4AMobileAL36607
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 214 Upham St UNIT 4A, Mobile, AL, 36607 in Mobile achieves a 1.72 ratio at $130,000: $1,005/mo rent versus $585/mo debt service. Rental yield 9.28%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.28% yield compounds alongside 5% annual appreciation projecting $35,917 in value. Total projected cumulative return: $39,317.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.8% |
| Monthly Cash Flow | $(181) | $450 |
City averages based on Mobile market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,005 |
| Total Monthly Debt Service | $1,134 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1939
7.37 Acres lot
$N/A/sqft
$340 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
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
Condo
Built in 1939
7.37 Acres lot
$N/A/sqft
$340 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
Listed by: Kyle Malmay • Roberts Brothers TREC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7542409
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.