753 Saint Francis St #TOWNHOUSE 1004MobileAL36602
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 753 Saint Francis St #TOWNHOUSE 1004, Mobile, AL, 36602 in Mobile at $364,900. Rental yield 6.47%. The 6.47% yield and 1.20 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $100,815 by year five, and $3,361/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $97,360.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.8% |
| Monthly Cash Flow | $(663) | $450 |
City averages based on Mobile market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,968 |
| Total Monthly Debt Service | $2,485 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1908
N/A lot
$N/A/sqft
$571 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36602, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 210 (20.6%) |
| Renter Occupied HU | 600 (58.9%) |
| Vacant Housing Units | 209 (20.5%) |
| Median Home Value | $271,429 |
| Average Home Value | $267,274 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
453
Multi-Family
527
Businesses
711
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
Townhouse
Built in 1908
N/A lot
$N/A/sqft
$571 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36602, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 210 (20.6%) |
| Renter Occupied HU | 600 (58.9%) |
| Vacant Housing Units | 209 (20.5%) |
| Median Home Value | $271,429 |
| Average Home Value | $267,274 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
453
Multi-Family
527
Businesses
711
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Pollard • Elite By The Beach, LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7565012
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.