412 S Ann StMobileAL36604
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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 S Ann St, Mobile, AL, 36604 uses $59,637 cash to close to unlock $9,145/yr annual cash flow and $762/mo monthly cash flow. Total monthly income runs $1,778/mo, and a $881/mo payment keeps the spread at $762/mo. Purchase price stands at $179,900, and rental yield measures 11.86% with $1,778/mo rent. Return on cash invested shows 35.24% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 184.43% and total cumulative return in cash records $109,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,778/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7,331 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36604, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,225 (100%) |
| Owner Occupied HU | 2,263 (43.3%) |
| Renter Occupied HU | 1,784 (34.1%) |
| Vacant Housing Units | 1,178 (22.5%) |
| Median Home Value | $296,824 |
| Average Home Value | $307,895 |
Housing Distribution
Address Breakdown
Residential
4,408
Single Family
3,770
Multi-Family
638
Businesses
329
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