6513 Cedar Bend Ct #BMobileAL36608
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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 6513 Cedar Bend Ct #B, Mobile, AL, 36608 earns $450/mo cash flow from $1,552/mo rent with a $695/mo payment. Total monthly income totals $1,552/mo, and annual cash flow totals $5,399/yr on $47,073 capital. ROI tracks 31.38% on current figures, and rental yield reads 13.12% at a $142,000 purchase. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,232 over five years. Five-year ROI reaches 166.42% and total cumulative return in cash sums $78,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,552/mo property income instead of your personal income.
Multi Family
Built in 1982
N/A lot
$N/A/sqft
$186 monthly 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: Lillian Travis • Ashurst & Niemeyer LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #380506
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.