250 Tuttle AveMobileAL36604
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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 250 Tuttle Ave, Mobile, AL, 36604 uses $96,135 cash to close to unlock $495/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $1,699/mo, and a $1,419/mo payment keeps the spread at $41/mo. Purchase price stands at $290,000, and rental yield measures 7.03% with $1,699/mo rent. Return on cash invested shows 20.42% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 105.02% and total cumulative return in cash records $100,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,699/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Multi Family
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36604, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,225 (100%) |
| Owner Occupied HU | 2,263 (43.3%) |
| Renter Occupied HU | 1,784 (34.1%) |
| Vacant Housing Units | 1,178 (22.5%) |
| Median Home Value | $296,824 |
| Average Home Value | $307,895 |
Housing Distribution
Address Breakdown
Residential
4,408
Single Family
3,770
Multi-Family
638
Businesses
329
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Listed by: Bryan Olson • Roberts Brothers TREC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #369541
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.