6179 Challen Cir SMobileAL36608
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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
Investment property for sale in Mobile at 6179 Challen Cir S, Mobile, AL, 36608 earns $318/mo cash flow from $1,517/mo rent with a $978/mo payment. Total monthly income totals $1,517/mo, and annual cash flow totals $3,815/yr on $66,229 capital. ROI tracks 25.67% on current figures, and rental yield reads 9.11% at a $199,786 purchase. Equity gained on principal adds $1,289/yr, and 5% annual appreciation supports $55,197 over five years. Five-year ROI reaches 133.48% and total cumulative return in cash sums $88,405. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,517/mo property income instead of your personal income.
Single Family
Built in 1967
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36608, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,107 (100%) |
| Owner Occupied HU | 9,031 (52.8%) |
| Renter Occupied HU | 6,553 (38.3%) |
| Vacant Housing Units | 1,523 ( 8.9%) |
| Median Home Value | $280,914 |
| Average Home Value | $348,681 |
Housing Distribution
Address Breakdown
Residential
16,856
Single Family
12,088
Multi-Family
4,768
Businesses
1,543
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Listed by: Pam Stein • Roberts Brothers, Inc Malbis
Mls Name: GCMLS
Mls Provider:
Mls ID: #7538989
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.