310 Union AveMobileAL36607
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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 310 Union Ave, Mobile, AL, 36607 with 5% annual appreciation on a $139,159 basis while $1,075/mo rent supports operations. Total monthly income totals $1,075/mo and a $681/mo payment preserves $290/mo for cash returns. Annual cash flow comes to $3,476/yr on $46,131 deployed, and return on cash invested reaches 27.44% in year one. Equity gained on principal adds $898/yr, and five-year appreciation sums $38,447 alongside rental yield of 9.27%. Five-year ROI measures 142.6% and total cumulative return in cash totals $65,782.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,075/mo property income versus a $681/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
6,891 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36607, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 1,460 (39.5%) |
| Renter Occupied HU | 1,593 (43.1%) |
| Vacant Housing Units | 647 (17.5%) |
| Median Home Value | $213,704 |
| Average Home Value | $279,693 |
Housing Distribution
Address Breakdown
Residential
3,093
Single Family
2,589
Multi-Family
504
Businesses
516
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Listed by: Heidi Hall • IXL Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7484649
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.