5959 Mal DrMobileAL36693
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 5959 Mal Dr, Mobile, AL, 36693 in Mobile: $1,652/mo in rent, $610/mo net, 10.74% gross yield, all on a $184,700 acquisition. The 1.99 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $51,029 in value, and $1,701/yr in principal paydown steadily builds equity. Projected total cumulative return: $108,831.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.8% |
| Monthly Cash Flow | $610 | $450 |
City averages based on Mobile market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,652 |
| Total Monthly Debt Service | $969 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
1 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
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
Single Family
Built in N/A
1 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