415 Bay Shore AveMobileAL36607
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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
Rental property for sale in Mobile at 415 Bay Shore Ave, Mobile, AL, 36607 priced at $184,900 converts $1,436/mo rent into $392/mo cash flow after a $905/mo obligation. Total monthly income equals $1,436/mo, and annual cash flow totals $4,708/yr on $61,294 invested. Return on cash invested prints 27.59% in year one, and rental yield reads 9.32% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 143.36% and total cumulative return in cash sums $87,871. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,436/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,263 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36607, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 1,460 (39.5%) |
| Renter Occupied HU | 1,593 (43.1%) |
| Vacant Housing Units | 647 (17.5%) |
| Median Home Value | $213,704 |
| Average Home Value | $279,693 |
Housing Distribution
Address Breakdown
Residential
3,093
Single Family
2,589
Multi-Family
504
Businesses
516
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Listed by: Corene Simmons • Exit Realty Lyon & Associates
Mls Name: GCMLS
Mls Provider:
Mls ID: #7552493
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.