3721 Arrington DrMobileAL36693
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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 3721 Arrington Dr, Mobile, AL, 36693 priced at $225,000 converts $1,840/mo rent into $565/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,840/mo, and annual cash flow totals $6,775/yr on $74,588 invested. Return on cash invested prints 28.99% in year one, and rental yield reads 9.81% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 150.87% and total cumulative return in cash sums $112,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,840/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36693, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,549 (61.8%) |
| Renter Occupied HU | 2,629 (29.3%) |
| Vacant Housing Units | 808 ( 9.0%) |
| Median Home Value | $234,614 |
| Average Home Value | $284,297 |
Housing Distribution
Address Breakdown
Residential
8,474
Single Family
6,581
Multi-Family
1,893
Businesses
653
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Listed by: Malcolm Seals • IXL Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7474657
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.