3371 Childers StMobileAL36605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Mobile at 3371 Childers St, Mobile, AL, 36605 priced at $160,000 pairs $1,390/mo rent with $487/mo cash flow after a $783/mo payment. Total monthly income equals $1,390/mo, and annual cash flow comes to $5,844/yr on $53,040 invested. Return on cash invested is 30.93% in year one, and rental yield stands at 10.42% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 161.2% and total cumulative return in cash reaches $85,502. For financing, Ziffy Mortgage’s DSCR program evaluates $1,390/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Johnson • Rezults Real Estate Services LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7514805
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.