462 Rickarby StMobileAL36606
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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
Investment property for sale in Mobile at 462 Rickarby St, Mobile, AL, 36606 at $180,000 posts ROI 33.5% with $676/mo cash flow from $1,692/mo rent. Total monthly income equals $1,692/mo, and annual cash flow records $8,112/yr on $59,670 to close. Return on cash invested measures 33.5% and rental yield reads 11.28% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 175.03% and total cumulative return in cash totals $104,441.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,692/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
5,427 sqft 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
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