2910 Scott Plantation Dr EMobileAL36695
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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 2910 Scott Plantation Dr E, Mobile, AL, 36695 uses $109,362 cash to close to unlock $13,045/yr annual cash flow and $1,087/mo monthly cash flow. Total monthly income runs $2,962/mo, and a $1,615/mo payment keeps the spread at $1,087/mo. Purchase price stands at $329,900, and rental yield measures 10.77% with $2,962/mo rent. Return on cash invested shows 31.84% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 166.19% and total cumulative return in cash records $181,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,962/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.36 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36695, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,268 (100%) |
| Owner Occupied HU | 14,535 (65.3%) |
| Renter Occupied HU | 6,614 (29.7%) |
| Vacant Housing Units | 1,119 ( 5.0%) |
| Median Home Value | $263,847 |
| Average Home Value | $294,427 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
16,541
Multi-Family
5,299
Businesses
729
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Listed by: Shirley Kinsaul • Kinsaul Realty LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7515083
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.