3209 1st AveMobileAL36617
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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 3209 1st Ave, Mobile, AL, 36617 earns $551/mo cash flow from $1,564/mo rent with a $878/mo payment. Total monthly income totals $1,564/mo, and annual cash flow totals $6,617/yr on $59,471 capital. ROI tracks 31.04% on current figures, and rental yield reads 10.46% at a $179,400 purchase. Equity gained on principal adds $1,158/yr, and 5% annual appreciation supports $49,565 over five years. Five-year ROI reaches 161.84% and total cumulative return in cash sums $96,248. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,564/mo property income instead of your personal income.
Single Family
Built in 1986
7,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36617, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,782 (100%) |
| Owner Occupied HU | 2,743 (47.4%) |
| Renter Occupied HU | 2,019 (34.9%) |
| Vacant Housing Units | 1,020 (17.6%) |
| Median Home Value | $84,814 |
| Average Home Value | $164,904 |
Housing Distribution
Address Breakdown
Residential
5,126
Single Family
4,670
Multi-Family
456
Businesses
240
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