7010 Inverness CtMobileAL36618
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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 7010 Inverness Ct, Mobile, AL, 36618 with 5% annual appreciation on a $425,000 basis while $2,544/mo rent supports operations. Total monthly income totals $2,544/mo and a $2,080/mo payment preserves $121/mo for cash returns. Annual cash flow comes to $1,454/yr on $140,888 deployed, and return on cash invested reaches 20.94% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 7.18%. Five-year ROI measures 107.76% and total cumulative return in cash totals $151,817.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,544/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2007
7,914 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36618, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 4,914 (67.0%) |
| Renter Occupied HU | 1,914 (26.1%) |
| Vacant Housing Units | 502 ( 6.8%) |
| Median Home Value | $182,353 |
| Average Home Value | $221,358 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
6,603
Multi-Family
440
Businesses
440
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Listed by: Devin Scott • Roberts Brothers West
Mls Name: GCMLS
Mls Provider:
Mls ID: #7498283
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.