260 Williams StMobileAL36606
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 260 Williams St, Mobile, AL, 36606 in Mobile is narrow, $133/mo net on $1,535/mo rent after the $1,075/mo debt service, but the property operates at break-even-plus, not a loss. At $239,000 with a 7.71% yield, the long-run equity case via 5% appreciation ($66,031 over five years) and $2,201/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.43 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $98,833.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.8% |
| Monthly Cash Flow | $133 | $450 |
City averages based on Mobile market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,535 |
| Total Monthly Debt Service | $1,307 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36606, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 3,815 (42.9%) |
| Renter Occupied HU | 4,040 (45.4%) |
| Vacant Housing Units | 1,041 (11.7%) |
| Median Home Value | $167,385 |
| Average Home Value | $215,430 |
Housing Distribution
Address Breakdown
Residential
8,361
Single Family
6,941
Multi-Family
1,420
Businesses
1,306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1939
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36606, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 3,815 (42.9%) |
| Renter Occupied HU | 4,040 (45.4%) |
| Vacant Housing Units | 1,041 (11.7%) |
| Median Home Value | $167,385 |
| Average Home Value | $215,430 |
Housing Distribution
Address Breakdown
Residential
8,361
Single Family
6,941
Multi-Family
1,420
Businesses
1,306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Loper • Roberts Brothers West
Mls Name: GCMLS
Mls Provider:
Mls ID: #7494890
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.