514 Nantucket CirMobileAL36609
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 514 Nantucket Cir, Mobile, AL, 36609 priced at $109,400 converts $828/mo rent into $201/mo cash flow after a $535/mo obligation. Total monthly income equals $828/mo, and annual cash flow totals $2,417/yr on $36,266 invested. Return on cash invested prints 26.57% in year one, and rental yield reads 9.08% against a $109,400 entry. Equity gained on principal adds $706/yr, while 5% annual appreciation compiles into $30,225 by year five. Five-year ROI reaches 138.06% and total cumulative return in cash sums $50,067. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $828/mo property income covering a $535/mo payment, not borrower’s personal income.
Single Family
Built in 1989
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36609, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,706 (100%) |
| Owner Occupied HU | 4,936 (38.8%) |
| Renter Occupied HU | 6,721 (52.9%) |
| Vacant Housing Units | 1,049 ( 8.3%) |
| Median Home Value | $228,794 |
| Average Home Value | $248,917 |
Housing Distribution
Address Breakdown
Residential
11,492
Single Family
6,555
Multi-Family
4,937
Businesses
1,002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cliff Glansen • FlatFee.com
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #378037
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.