3413 Emerald StMobileAL36612
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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
Rental property for sale in Mobile at 3413 Emerald St, Mobile, AL, 36612 priced at $260,000 pairs $1,160/mo rent with after a $1,273/mo payment. Total monthly income equals $1,160/mo. Return on cash invested is 15.62% in year one, and rental yield stands at 5.35% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 79.13% and total cumulative return in cash reaches $68,201. For financing, Ziffy Mortgage’s DSCR program evaluates $1,160/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4,538 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36612, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 831 (43.3%) |
| Renter Occupied HU | 757 (39.4%) |
| Vacant Housing Units | 332 (17.3%) |
| Median Home Value | $84,130 |
| Average Home Value | $187,467 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,360
Multi-Family
326
Businesses
150
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Listed by: Kendra Marshall • IXL Real Estate North
Mls Name: GCMLS
Mls Provider:
Mls ID: #7549336
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.