409 Congress StMobileAL36603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 409 Congress St, Mobile, AL, 36603 at $259,900 posts ROI 22.45% with $182/mo cash flow from $1,649/mo rent. Total monthly income equals $1,649/mo, and annual cash flow records $2,185/yr on $86,157 to close. Return on cash invested measures 22.45% and rental yield reads 7.61% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 115.77% and total cumulative return in cash totals $99,742.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,649/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36603, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,885 (100%) |
| Owner Occupied HU | 1,078 (27.7%) |
| Renter Occupied HU | 1,953 (50.3%) |
| Vacant Housing Units | 854 (22.0%) |
| Median Home Value | $119,133 |
| Average Home Value | $197,221 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,556
Multi-Family
596
Businesses
327
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