5675 Renn StMobileAL36618
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
Investment property for sale in Mobile at 5675 Renn St, Mobile, AL, 36618 with 5% annual appreciation on a $131,500 basis while $1,298/mo rent supports operations. Total monthly income totals $1,298/mo and a $644/mo payment preserves $544/mo for cash returns. Annual cash flow comes to $6,528/yr on $43,592 deployed, and return on cash invested reaches 34.88% in year one. Equity gained on principal adds $849/yr, and five-year appreciation sums $36,331 alongside rental yield of 11.84%. Five-year ROI measures 182.5% and total cumulative return in cash totals $79,554.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,298/mo property income versus a $644/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36618, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 4,914 (67.0%) |
| Renter Occupied HU | 1,914 (26.1%) |
| Vacant Housing Units | 502 ( 6.8%) |
| Median Home Value | $182,353 |
| Average Home Value | $221,358 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
6,603
Multi-Family
440
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karlie Rea • PropTek LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7463403
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.