5455 Cross Creek DrMobileAL36693
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 5455 Cross Creek Dr, Mobile, AL, 36693 priced at $240,000 converts $1,674/mo rent into $319/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,674/mo, and annual cash flow totals $3,828/yr on $79,560 invested. Return on cash invested prints 24.72% in year one, and rental yield reads 8.37% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 127.92% and total cumulative return in cash sums $101,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,674/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36693, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,549 (61.8%) |
| Renter Occupied HU | 2,629 (29.3%) |
| Vacant Housing Units | 808 ( 9.0%) |
| Median Home Value | $234,614 |
| Average Home Value | $284,297 |
Housing Distribution
Address Breakdown
Residential
8,474
Single Family
6,581
Multi-Family
1,893
Businesses
653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Scott • Keller Williams Mobile
Mls Name: GCMLS
Mls Provider:
Mls ID: #7515465
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.