3901 Scenic DrMobileAL36605
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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 3901 Scenic Dr, Mobile, AL, 36605 priced at $1,050,000 converts $5,840/mo rent into after a $5,139/mo obligation. Total monthly income equals $5,840/mo. Return on cash invested prints 19.97% in year one, and rental yield reads 6.67% against a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation compiles into $290,096 by year five. Five-year ROI reaches 102.38% and total cumulative return in cash sums $348,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,840/mo property income covering a $5,139/mo payment, not borrower’s personal income.
Single Family
Built in 2001
2.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36605, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,524 (100%) |
| Owner Occupied HU | 5,610 (44.8%) |
| Renter Occupied HU | 4,297 (34.3%) |
| Vacant Housing Units | 2,617 (20.9%) |
| Median Home Value | $116,350 |
| Average Home Value | $206,919 |
Housing Distribution
Address Breakdown
Residential
10,586
Single Family
10,090
Multi-Family
496
Businesses
404
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