270 Hillcrest Rd APT 707MobileAL36608
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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
Investment Highlights
Investment property for sale in Mobile at 270 Hillcrest Rd APT 707, Mobile, AL, 36608 offers a 9.58% rental yield on a $210,000 purchase with $1,676/mo rent. Total monthly income registers $1,676/mo, and a $1,028/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,940/yr on $69,615 to close, and return on cash invested stands at 25.57% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 133.53% and total cumulative return in cash at $92,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,676/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
$145 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36608, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,107 (100%) |
| Owner Occupied HU | 9,031 (52.8%) |
| Renter Occupied HU | 6,553 (38.3%) |
| Vacant Housing Units | 1,523 ( 8.9%) |
| Median Home Value | $280,914 |
| Average Home Value | $348,681 |
Housing Distribution
Address Breakdown
Residential
16,856
Single Family
12,088
Multi-Family
4,768
Businesses
1,543
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Listed by: Julie Lochmaier • TrueNorth Realty Group
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886700
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