454 Dexter AveMobileAL36604
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 454 Dexter Ave, Mobile, AL, 36604 priced at $199,000 pairs $2,316/mo rent with $1,193/mo cash flow after a $974/mo payment. Total monthly income equals $2,316/mo, and annual cash flow comes to $14,313/yr on $65,969 invested. Return on cash invested is 41.61% in year one, and rental yield stands at 13.97% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 218.5% and total cumulative return in cash reaches $144,138. For financing, Ziffy Mortgage’s DSCR program evaluates $2,316/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
7,450 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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