2409 Osage 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 2409 Osage St, Mobile, AL, 36617 generates $1,634/mo in rent and, after a $588/mo payment, leaves $923/mo in cash flow. Total monthly income is $1,634/mo, and annual cash flow is $11,081/yr on $39,813 invested. Return on cash invested sits at 47.74% in year one, and rental yield is 16.33% on a $120,100 entry. Equity gained on principal adds $775/yr, while 5% annual appreciation builds toward $33,181 over five years. Five-year ROI reaches 251.8% and total cumulative return in cash sums $100,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,634/mo property income rather than buyer’s personal income.
Multi Family
Built in 1972
0.26 Acres 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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