2617 Venaro CtMobileAL36693
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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 2617 Venaro Ct, Mobile, AL, 36693 priced at $249,100 pairs $2,257/mo rent with $843/mo cash flow after a $1,219/mo payment. Total monthly income equals $2,257/mo, and annual cash flow comes to $10,117/yr on $82,577 invested. Return on cash invested is 32.16% in year one, and rental yield stands at 10.87% on a $249,100 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,822 by year five. Five-year ROI measures 167.92% and total cumulative return in cash reaches $138,663. For financing, Ziffy Mortgage’s DSCR program evaluates $2,257/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36693, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,549 (61.8%) |
| Renter Occupied HU | 2,629 (29.3%) |
| Vacant Housing Units | 808 ( 9.0%) |
| Median Home Value | $234,614 |
| Average Home Value | $284,297 |
Housing Distribution
Address Breakdown
Residential
8,474
Single Family
6,581
Multi-Family
1,893
Businesses
653
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