6320 McMurray Pl NMobileAL36609
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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 6320 McMurray Pl N, Mobile, AL, 36609 uses $89,472 cash to close to unlock $3,259/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,795/mo, and a $1,321/mo payment keeps the spread at $272/mo. Purchase price stands at $269,900, and rental yield measures 7.98% with $1,795/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 121.68% and total cumulative return in cash records $108,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,795/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 2013
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36609, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,706 (100%) |
| Owner Occupied HU | 4,936 (38.8%) |
| Renter Occupied HU | 6,721 (52.9%) |
| Vacant Housing Units | 1,049 ( 8.3%) |
| Median Home Value | $228,794 |
| Average Home Value | $248,917 |
Housing Distribution
Address Breakdown
Residential
11,492
Single Family
6,555
Multi-Family
4,937
Businesses
1,002
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