60 Bienville AveMobileAL36606
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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 60 Bienville Ave, Mobile, AL, 36606 priced at $344,000 converts $2,252/mo rent into $310/mo cash flow after a $1,684/mo obligation. Total monthly income equals $2,252/mo, and annual cash flow totals $3,720/yr on $114,036 invested. Return on cash invested prints 23.17% in year one, and rental yield reads 7.86% against a $344,000 entry. Equity gained on principal adds $2,220/yr, while 5% annual appreciation compiles into $95,041 by year five. Five-year ROI reaches 119.61% and total cumulative return in cash sums $136,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,252/mo property income covering a $1,684/mo payment, not borrower’s personal income.
Single Family
Built in 1923
7,034 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36606, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 3,815 (42.9%) |
| Renter Occupied HU | 4,040 (45.4%) |
| Vacant Housing Units | 1,041 (11.7%) |
| Median Home Value | $167,385 |
| Average Home Value | $215,430 |
Housing Distribution
Address Breakdown
Residential
8,361
Single Family
6,941
Multi-Family
1,420
Businesses
1,306
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