504 Church StMobileAL36602
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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 504 Church St, Mobile, AL, 36602 uses $139,131 cash to close to unlock $12,965/yr annual cash flow and $1,080/mo monthly cash flow. Total monthly income runs $3,516/mo, and a $2,054/mo payment keeps the spread at $1,080/mo. Purchase price stands at $419,700, and rental yield measures 10.05% with $3,516/mo rent. Return on cash invested shows 29.23% in year one, and 5% annual appreciation builds toward $115,955 over five years. Five-year ROI reaches 152.32% and total cumulative return in cash records $211,917. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,516/mo property income covering a $2,054/mo payment rather than investor’s personal income.
Single Family
Built in 1899
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36602, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 210 (20.6%) |
| Renter Occupied HU | 600 (58.9%) |
| Vacant Housing Units | 209 (20.5%) |
| Median Home Value | $271,429 |
| Average Home Value | $267,274 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
453
Multi-Family
527
Businesses
711
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