300 Durande 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
Investment property for sale in Mobile at 300 Durande Dr, Mobile, AL, 36606 with 5% annual appreciation on a $276,500 basis while $2,462/mo rent supports operations. Total monthly income totals $2,462/mo and a $1,353/mo payment preserves $780/mo for cash returns. Annual cash flow comes to $9,360/yr on $91,660 deployed, and return on cash invested reaches 30.12% in year one. Equity gained on principal adds $1,784/yr, and five-year appreciation sums $76,392 alongside rental yield of 10.68%. Five-year ROI measures 157.45% and total cumulative return in cash totals $144,314.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,462/mo property income versus a $1,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
N/A 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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