5056 Alton StMobileAL36619
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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 5056 Alton St, Mobile, AL, 36619 priced at $136,900 converts $1,854/mo rent into $1,055/mo cash flow after a $670/mo obligation. Total monthly income equals $1,854/mo, and annual cash flow totals $12,661/yr on $45,382 invested. Return on cash invested prints 47.81% in year one, and rental yield reads 16.25% against a $136,900 entry. Equity gained on principal adds $883/yr, while 5% annual appreciation compiles into $37,823 by year five. Five-year ROI reaches 252.12% and total cumulative return in cash sums $114,417. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,854/mo property income covering a $670/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36619, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,474 (100%) |
| Owner Occupied HU | 4,555 (70.4%) |
| Renter Occupied HU | 1,457 (22.5%) |
| Vacant Housing Units | 462 ( 7.1%) |
| Median Home Value | $234,569 |
| Average Home Value | $295,519 |
Housing Distribution
Address Breakdown
Residential
5,916
Single Family
5,501
Multi-Family
415
Businesses
677
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