2852 Exter DrMobileAL36606
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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 2852 Exter Dr, Mobile, AL, 36606 priced at $275,000 converts $2,652/mo rent into $1,023/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,652/mo, and annual cash flow totals $12,270/yr on $91,163 invested. Return on cash invested prints 33.37% in year one, and rental yield reads 11.57% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 174.69% and total cumulative return in cash sums $159,251. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,652/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,065 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
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Listed by: Ron Lattrell • RE/MAX Select
Mls Name: GCMLS
Mls Provider:
Mls ID: #7578274
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.