412 Dauphin St APT EMobileAL36602
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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 412 Dauphin St APT E, Mobile, AL, 36602 offers a 9.75% rental yield on a $235,000 purchase with $1,909/mo rent. Total monthly income registers $1,909/mo, and a $1,150/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,659/yr on $77,903 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 116.09% and total cumulative return in cash at $90,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,909/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
0.79 Acres lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36602, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 210 (20.6%) |
| Renter Occupied HU | 600 (58.9%) |
| Vacant Housing Units | 209 (20.5%) |
| Median Home Value | $271,429 |
| Average Home Value | $267,274 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
453
Multi-Family
527
Businesses
711
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Listed by: Sam Winter • Sam Winter and Company, Inc
Mls Name: GCMLS
Mls Provider:
Mls ID: #7356230
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.