2508 Muriel AveMobileAL36617
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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 2508 Muriel Ave, Mobile, AL, 36617 uses $44,804 cash to close to unlock $3,296/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,038/mo, and a $662/mo payment keeps the spread at $275/mo. Purchase price stands at $135,155, and rental yield measures 9.22% with $1,038/mo rent. Return on cash invested shows 27.26% in year one, and 5% annual appreciation builds toward $37,341 over five years. Five-year ROI reaches 141.61% and total cumulative return in cash records $63,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,038/mo property income covering a $662/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,838 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: Mary Carpenter • RE/MAX Legacy Group
Mls Name: GCMLS
Mls Provider:
Mls ID: #7462670
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.