324 Vanderbilt DrMobileAL36608
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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 324 Vanderbilt Dr, Mobile, AL, 36608 with 5% annual appreciation on a $135,000 basis while $1,038/mo rent supports operations. Total monthly income totals $1,038/mo and a $661/mo payment preserves $276/mo for cash returns. Annual cash flow comes to $3,309/yr on $44,753 deployed, and return on cash invested reaches 27.3% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.23%. Five-year ROI measures 141.79% and total cumulative return in cash totals $63,457.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,038/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36608, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,107 (100%) |
| Owner Occupied HU | 9,031 (52.8%) |
| Renter Occupied HU | 6,553 (38.3%) |
| Vacant Housing Units | 1,523 ( 8.9%) |
| Median Home Value | $280,914 |
| Average Home Value | $348,681 |
Housing Distribution
Address Breakdown
Residential
16,856
Single Family
12,088
Multi-Family
4,768
Businesses
1,543
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