4005 Michael BlvdMobileAL36609
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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 4005 Michael Blvd, Mobile, AL, 36609 priced at $230,250 pairs $2,014/mo rent with $714/mo cash flow after a $1,127/mo payment. Total monthly income equals $2,014/mo, and annual cash flow comes to $8,572/yr on $76,328 invested. Return on cash invested is 31.14% in year one, and rental yield stands at 10.5% on a $230,250 basis. Equity gained on principal adds $1,486/yr, and 5% annual appreciation accumulates to $63,614 by year five. Five-year ROI measures 162.37% and total cumulative return in cash reaches $123,937. For financing, Ziffy Mortgage’s DSCR program evaluates $2,014/mo property income against a $1,127/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.46 Acres 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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Listed by: Andrea Thornton-Sullivan • Wellhouse Real Estate West LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7547820
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.