5509 Topanga DrMobileAL36609
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 5509 Topanga Dr, Mobile, AL, 36609 generates $1,787/mo in rent and, after a $1,073/mo payment, leaves $484/mo in cash flow. Total monthly income is $1,787/mo, and annual cash flow is $5,812/yr on $72,674 invested. Return on cash invested sits at 27.91% in year one, and rental yield is 9.78% on a $219,229 entry. Equity gained on principal adds $1,415/yr, while 5% annual appreciation builds toward $60,569 over five years. Five-year ROI reaches 145.45% and total cumulative return in cash sums $105,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,787/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.27 Acres 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: Brandon Norstedt • Better Homes & Gardens RE Platinum Properties
Mls Name: GCMLS
Mls Provider:
Mls ID: #7557404
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.