3600 Russells LnMobileAL36619
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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 3600 Russells Ln, Mobile, AL, 36619 generates $4,105/mo in rent and, after a $2,912/mo payment, leaves $747/mo in cash flow. Total monthly income is $4,105/mo, and annual cash flow is $8,961/yr on $195,755 invested. Return on cash invested sits at 24.64% in year one, and rental yield is 8.28% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 127.45% and total cumulative return in cash sums $249,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,105/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36619, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,474 (100%) |
| Owner Occupied HU | 4,555 (70.4%) |
| Renter Occupied HU | 1,457 (22.5%) |
| Vacant Housing Units | 462 ( 7.1%) |
| Median Home Value | $234,569 |
| Average Home Value | $295,519 |
Housing Distribution
Address Breakdown
Residential
5,916
Single Family
5,501
Multi-Family
415
Businesses
677
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Listed by: Hope Brown • Roberts Brothers TREC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #367838
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.