2331 S Dog River 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
Rental property for sale in Mobile at 2331 S Dog River Dr, Mobile, AL, 36605 generates $1,154/mo in rent and, after a $876/mo payment, leaves $144/mo in cash flow. Total monthly income is $1,154/mo, and annual cash flow is $1,725/yr on $59,339 invested. Return on cash invested sits at 22.82% in year one, and rental yield is 7.74% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 117.7% and total cumulative return in cash sums $69,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,154/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.41 Acres 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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