255 N Conception StMobileAL36603
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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 255 N Conception St, Mobile, AL, 36603 priced at $895,000 pairs $2,693/mo rent with after a $4,381/mo payment. Total monthly income equals $2,693/mo. Return on cash invested is 10.38% in year one, and rental yield stands at 3.61% on a $895,000 basis. Equity gained on principal adds $5,775/yr, and 5% annual appreciation accumulates to $247,272 by year five. Five-year ROI measures 51.01% and total cumulative return in cash reaches $150,206. For financing, Ziffy Mortgage’s DSCR program evaluates $2,693/mo property income against a $4,381/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1856
5,057 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36603, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,885 (100%) |
| Owner Occupied HU | 1,078 (27.7%) |
| Renter Occupied HU | 1,953 (50.3%) |
| Vacant Housing Units | 854 (22.0%) |
| Median Home Value | $119,133 |
| Average Home Value | $197,221 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,556
Multi-Family
596
Businesses
327
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Listed by: Stephen May • Sam Winter and Company, Inc
Mls Name: GCMLS
Mls Provider:
Mls ID: #7602402
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.