3405 Rowell CtMobileAL36618
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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 3405 Rowell Ct, Mobile, AL, 36618 listed at $287,000 pairs $2,173/mo rent with a $1,405/mo payment to leave $536/mo cash flow. Total monthly income runs $2,173/mo, and annual cash flow reaches $6,433/yr on $95,141 cash to close. Return on cash invested measures 26.67% in year one, and rental yield registers 9.09% at a $287,000 basis. Equity gained on principal adds $1,852/yr, and annual property appreciation at 5% supports $79,293 by year five. Five-year ROI tracks 138.51% and total cumulative return in cash totals $131,782. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,173/mo property income relative to a $1,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.35 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36618, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 4,914 (67.0%) |
| Renter Occupied HU | 1,914 (26.1%) |
| Vacant Housing Units | 502 ( 6.8%) |
| Median Home Value | $182,353 |
| Average Home Value | $221,358 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
6,603
Multi-Family
440
Businesses
440
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Listed by: Jeanice Durgin • JayCo Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7559350
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.