2301 N McVay DrMobileAL36605
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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 2301 N McVay Dr, Mobile, AL, 36605 uses $49,725 cash to close to unlock $3,330/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $1,124/mo, and a $734/mo payment keeps the spread at $278/mo. Purchase price stands at $150,000, and rental yield measures 8.99% with $1,124/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 138.08% and total cumulative return in cash records $68,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,124/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
9,944 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36605, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,524 (100%) |
| Owner Occupied HU | 5,610 (44.8%) |
| Renter Occupied HU | 4,297 (34.3%) |
| Vacant Housing Units | 2,617 (20.9%) |
| Median Home Value | $116,350 |
| Average Home Value | $206,919 |
Housing Distribution
Address Breakdown
Residential
10,586
Single Family
10,090
Multi-Family
496
Businesses
404
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