3862 Pierson Dr WMobileAL36619
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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 3862 Pierson Dr W, Mobile, AL, 36619 with 5% annual appreciation on a $425,000 basis while $2,900/mo rent supports operations. Total monthly income totals $2,900/mo and a $2,080/mo payment preserves $480/mo for cash returns. Annual cash flow comes to $5,765/yr on $140,888 deployed, and return on cash invested reaches 24% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 8.19%. Five-year ROI measures 124.15% and total cumulative return in cash totals $174,905.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,900/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
0.37 Acres lot
$N/A/sqft
$250 annually 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: Katie Crane • Roberts Brothers TREC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7558155
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.