357 Coventry WayMobileAL36606
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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 357 Coventry Way, Mobile, AL, 36606 with 5% annual appreciation on a $130,000 basis while $1,109/mo rent supports operations. Total monthly income totals $1,109/mo and a $636/mo payment preserves $322/mo for cash returns. Annual cash flow comes to $3,866/yr on $43,095 deployed, and return on cash invested reaches 28.88% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 10.24%. Five-year ROI measures 150.9% and total cumulative return in cash totals $65,031.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,109/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
7,152 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36606, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 3,815 (42.9%) |
| Renter Occupied HU | 4,040 (45.4%) |
| Vacant Housing Units | 1,041 (11.7%) |
| Median Home Value | $167,385 |
| Average Home Value | $215,430 |
Housing Distribution
Address Breakdown
Residential
8,361
Single Family
6,941
Multi-Family
1,420
Businesses
1,306
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Listed by: Amber Batchelor • EXIT Allstar Gulf Coast Realty
Mls Name: GCMLS
Mls Provider:
Mls ID: #7556315
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.