6701 Dickens Ferry Rd APT 22MobileAL36608
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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 6701 Dickens Ferry Rd APT 22, Mobile, AL, 36608 listed at $164,100 pairs $1,897/mo rent with a $803/mo payment to leave $771/mo cash flow. Total monthly income runs $1,897/mo, and annual cash flow reaches $9,251/yr on $54,399 cash to close. Return on cash invested measures 36.91% in year one, and rental yield registers 13.87% at a $164,100 basis. Equity gained on principal adds $1,059/yr, and annual property appreciation at 5% supports $45,338 by year five. Five-year ROI tracks 194.9% and total cumulative return in cash totals $106,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,897/mo property income relative to a $803/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
$200 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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