4062 Henning Dr SMobileAL36619
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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 4062 Henning Dr S, Mobile, AL, 36619 uses $119,009 cash to close to unlock $2,781/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $2,258/mo, and a $1,757/mo payment keeps the spread at $232/mo. Purchase price stands at $359,000, and rental yield measures 7.55% with $2,258/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 114.65% and total cumulative return in cash records $136,447. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,258/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.35 Acres lot
$N/A/sqft
No 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: Jessica Wright • Wellhouse Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7496616
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.