5120 Celtic Dr WMobileAL36619
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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 5120 Celtic Dr W, Mobile, AL, 36619 uses $40,443 cash to close to unlock $15,234/yr annual cash flow and $1,270/mo monthly cash flow. Total monthly income runs $1,958/mo, and a $597/mo payment keeps the spread at $1,270/mo. Purchase price stands at $122,000, and rental yield measures 19.26% with $1,958/mo rent. Return on cash invested shows 57.58% in year one, and 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 304.19% and total cumulative return in cash records $123,023. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,958/mo property income covering a $597/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.35 Acres 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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Listed by: Dan Demers • Sell Your Home Services, Inc.
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #383337
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.