2211 Roosevelt StMobileAL36617
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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
Rental property for sale in Mobile at 2211 Roosevelt St, Mobile, AL, 36617 priced at $100,000 converts $803/mo rent into $236/mo cash flow after a $489/mo obligation. Total monthly income equals $803/mo, and annual cash flow totals $2,830/yr on $33,150 invested. Return on cash invested prints 28.45% in year one, and rental yield reads 9.64% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 147.92% and total cumulative return in cash sums $49,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $803/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in N/A
9,422 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36617, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,782 (100%) |
| Owner Occupied HU | 2,743 (47.4%) |
| Renter Occupied HU | 2,019 (34.9%) |
| Vacant Housing Units | 1,020 (17.6%) |
| Median Home Value | $84,814 |
| Average Home Value | $164,904 |
Housing Distribution
Address Breakdown
Residential
5,126
Single Family
4,670
Multi-Family
456
Businesses
240
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Listed by: Dan Demers • Sell Your Home Services
Mls Name: GCMLS
Mls Provider:
Mls ID: #7545202
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.