214 Upham St UNIT 6CMobileAL36607
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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 214 Upham St UNIT 6C, Mobile, AL, 36607 earns $3/mo cash flow from $1,199/mo rent with a $673/mo payment. Total monthly income totals $1,199/mo, and annual cash flow totals $33/yr on $45,581 capital. ROI tracks 19.98% on current figures, and rental yield reads 10.46% at a $137,500 purchase. Equity gained on principal adds $887/yr, and 5% annual appreciation supports $37,989 over five years. Five-year ROI reaches 106.53% and total cumulative return in cash sums $48,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,199/mo property income instead of your personal income.
Condo
Built in N/A
N/A 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
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Listed by: Mandy Forbes • Norman Realty, Inc
Mls Name: GCMLS
Mls Provider:
Mls ID: #7494989
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.