601 E Barksdale DrMobileAL36606
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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 601 E Barksdale Dr, Mobile, AL, 36606 offers $1,574/mo rent that, after a $978/mo payment, leaves $441/mo cash flow. Total monthly income is $1,574/mo, and annual cash flow is $5,292/yr on $66,229 cash. Return on cash invested measures 27.9% in year one, and rental yield stands at 9.45% at a $199,786 entry. Equity gained on principal adds $1,289/yr while 5% annual appreciation compounds into $55,197 by year five. Five-year ROI records 144.99% and total cumulative return in cash reaches $96,025. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,574/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
8,524 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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Listed by: Pam Stein • Roberts Brothers, Inc Malbis
Mls Name: GCMLS
Mls Provider:
Mls ID: #7539010
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.