2707 Appian Way DrMobileAL36693
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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 2707 Appian Way Dr, Mobile, AL, 36693 at $235,000 posts ROI 25.57% with $368/mo cash flow from $1,694/mo rent. Total monthly income equals $1,694/mo, and annual cash flow records $4,413/yr on $77,903 to close. Return on cash invested measures 25.57% and rental yield reads 8.65% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 132.51% and total cumulative return in cash totals $103,228.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,694/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
0.36 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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Listed by: Andrew Williamson • Transaction Brokerage RE Co.
Mls Name: GCMLS
Mls Provider:
Mls ID: #7495457
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.