669 Hinson AvePrichardAL36610
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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 Prichard at 669 Hinson Ave, Prichard, AL, 36610 priced at $116,900 converts $1,766/mo rent into $1,041/mo cash flow after a $572/mo obligation. Total monthly income equals $1,766/mo, and annual cash flow totals $12,494/yr on $38,752 invested. Return on cash invested prints 52.15% in year one, and rental yield reads 18.13% against a $116,900 entry. Equity gained on principal adds $754/yr, while 5% annual appreciation compiles into $32,297 by year five. Five-year ROI reaches 275.89% and total cumulative return in cash sums $106,914. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,766/mo property income covering a $572/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36610, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,206 (100%) |
| Owner Occupied HU | 2,074 (39.8%) |
| Renter Occupied HU | 1,981 (38.1%) |
| Vacant Housing Units | 1,151 (22.1%) |
| Median Home Value | $53,742 |
| Average Home Value | $116,964 |
Housing Distribution
Address Breakdown
Residential
4,207
Single Family
4,111
Multi-Family
96
Businesses
349
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