5808 University AveMobileAL36618
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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 5808 University Ave, Mobile, AL, 36618 priced at $150,500 pairs $1,194/mo rent with $344/mo cash flow after a $737/mo payment. Total monthly income equals $1,194/mo, and annual cash flow comes to $4,129/yr on $49,891 invested. Return on cash invested is 28.19% in year one, and rental yield stands at 9.52% on a $150,500 basis. Equity gained on principal adds $971/yr, and 5% annual appreciation accumulates to $41,580 by year five. Five-year ROI measures 146.61% and total cumulative return in cash reaches $73,147. For financing, Ziffy Mortgage’s DSCR program evaluates $1,194/mo property income against a $737/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.50 Acres 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
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