3624 Heritage Dr NMobileAL36609
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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 3624 Heritage Dr N, Mobile, AL, 36609 earns $878/mo cash flow from $1,516/mo rent with a $514/mo payment. Total monthly income totals $1,516/mo, and annual cash flow totals $10,541/yr on $34,808 capital. ROI tracks 50.19% on current figures, and rental yield reads 17.33% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 265.19% and total cumulative return in cash sums $92,306. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,516/mo property income instead of your personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36609, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,706 (100%) |
| Owner Occupied HU | 4,936 (38.8%) |
| Renter Occupied HU | 6,721 (52.9%) |
| Vacant Housing Units | 1,049 ( 8.3%) |
| Median Home Value | $228,794 |
| Average Home Value | $248,917 |
Housing Distribution
Address Breakdown
Residential
11,492
Single Family
6,555
Multi-Family
4,937
Businesses
1,002
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