6551 Addison Woods DrMobileAL36693
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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 6551 Addison Woods Dr, Mobile, AL, 36693 generates $2,627/mo in rent and, after a $1,640/mo payment, leaves $651/mo in cash flow. Total monthly income is $2,627/mo, and annual cash flow is $7,809/yr on $111,053 invested. Return on cash invested sits at 26.94% in year one, and rental yield is 9.41% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 140.18% and total cumulative return in cash sums $155,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,627/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
5,183 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36693, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,549 (61.8%) |
| Renter Occupied HU | 2,629 (29.3%) |
| Vacant Housing Units | 808 ( 9.0%) |
| Median Home Value | $234,614 |
| Average Home Value | $284,297 |
Housing Distribution
Address Breakdown
Residential
8,474
Single Family
6,581
Multi-Family
1,893
Businesses
653
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Listed by: Shabbir Hossain • Nexthome Star Real Estate
Mls Name: GCMLS
Mls Provider:
Mls ID: #7513787
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.