402 Yerby DrMobileAL36617
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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 402 Yerby Dr, Mobile, AL, 36617 at $149,000 posts ROI 28.31% with $346/mo cash flow from $1,188/mo rent. Total monthly income equals $1,188/mo, and annual cash flow records $4,148/yr on $49,394 to close. Return on cash invested measures 28.31% and rental yield reads 9.57% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 147.21% and total cumulative return in cash totals $72,712.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,188/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
9,295 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36617, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,782 (100%) |
| Owner Occupied HU | 2,743 (47.4%) |
| Renter Occupied HU | 2,019 (34.9%) |
| Vacant Housing Units | 1,020 (17.6%) |
| Median Home Value | $84,814 |
| Average Home Value | $164,904 |
Housing Distribution
Address Breakdown
Residential
5,126
Single Family
4,670
Multi-Family
456
Businesses
240
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Listed by: Cliff Glansen • FlatFee.com
Mls Name: GCMLS
Mls Provider:
Mls ID: #7514603
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.