7044 Carrabelle KyMobileAL36695
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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 7044 Carrabelle Ky, Mobile, AL, 36695 with 5% annual appreciation on a $266,750 basis while $2,114/mo rent supports operations. Total monthly income totals $2,114/mo and a $1,306/mo payment preserves $595/mo for cash returns. Annual cash flow comes to $7,140/yr on $88,428 deployed, and return on cash invested reaches 27.98% in year one. Equity gained on principal adds $1,721/yr, and five-year appreciation sums $73,698 alongside rental yield of 9.51%. Five-year ROI measures 145.56% and total cumulative return in cash totals $128,713.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,114/mo property income versus a $1,306/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36695, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,268 (100%) |
| Owner Occupied HU | 14,535 (65.3%) |
| Renter Occupied HU | 6,614 (29.7%) |
| Vacant Housing Units | 1,119 ( 5.0%) |
| Median Home Value | $263,847 |
| Average Home Value | $294,427 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
16,541
Multi-Family
5,299
Businesses
729
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Listed by: Elizabeth Dover • Bellator Real Estate, LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7554595
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.