3304 Armond DrMobileAL36605
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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 3304 Armond Dr, Mobile, AL, 36605 earns $367/mo cash flow from $1,321/mo rent with a $827/mo payment. Total monthly income totals $1,321/mo, and annual cash flow totals $4,407/yr on $56,024 capital. ROI tracks 27.78% on current figures, and rental yield reads 9.38% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 144.38% and total cumulative return in cash sums $80,887. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,321/mo property income instead of your personal income.
Single Family
Built in 1971
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36605, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,524 (100%) |
| Owner Occupied HU | 5,610 (44.8%) |
| Renter Occupied HU | 4,297 (34.3%) |
| Vacant Housing Units | 2,617 (20.9%) |
| Median Home Value | $116,350 |
| Average Home Value | $206,919 |
Housing Distribution
Address Breakdown
Residential
10,586
Single Family
10,090
Multi-Family
496
Businesses
404
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Listed by: Chace Yamagata • Fiv Realty Co Alabama LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #381438
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.