2946 Lynndell DrMobileAL36695
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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 2946 Lynndell Dr, Mobile, AL, 36695 generates $2,754/mo in rent and, after a $1,810/mo payment, leaves $667/mo in cash flow. Total monthly income is $2,754/mo, and annual cash flow is $7,999/yr on $122,622 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 8.93% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 137.1% and total cumulative return in cash sums $168,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
3.45 Acres lot
$N/A/sqft
No 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: Mary Carpenter • RE/MAX Legacy Group
Mls Name: GCMLS
Mls Provider:
Mls ID: #7465234
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.