7220 Wynnridge DrMobileAL36695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7220 Wynnridge Dr, Mobile, AL, 36695 generates $4,836/mo in rent and, after a $2,935/mo payment, leaves $1,306/mo in cash flow. Total monthly income is $4,836/mo, and annual cash flow is $15,670/yr on $197,285 invested. Return on cash invested sits at 28% in year one, and rental yield is 9.68% on a $599,649 entry. Equity gained on principal adds $3,869/yr, while 5% annual appreciation builds toward $165,672 over five years. Five-year ROI reaches 145.8% and total cumulative return in cash sums $287,650. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,836/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.43 Acres lot
$N/A/sqft
$450 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie Diamond • Diamond Properties
Mls Name: GCMLS
Mls Provider:
Mls ID: #7463257
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.