42 W Lourando DrMobileAL36606
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
Rental property for sale in Mobile at 42 W Lourando Dr, Mobile, AL, 36606 generates $3,064/mo in rent and, after a $1,242/mo payment, leaves $1,632/mo in cash flow. Total monthly income is $3,064/mo, and annual cash flow is $19,580/yr on $84,135 invested. Return on cash invested sits at 43.18% in year one, and rental yield is 14.49% on a $253,800 entry. Equity gained on principal adds $1,638/yr, while 5% annual appreciation builds toward $70,120 over five years. Five-year ROI reaches 226.93% and total cumulative return in cash sums $190,923. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,064/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36606, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 3,815 (42.9%) |
| Renter Occupied HU | 4,040 (45.4%) |
| Vacant Housing Units | 1,041 (11.7%) |
| Median Home Value | $167,385 |
| Average Home Value | $215,430 |
Housing Distribution
Address Breakdown
Residential
8,361
Single Family
6,941
Multi-Family
1,420
Businesses
1,306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices