766 Willow Springs DrMobileAL36695
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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
Rental property for sale in Mobile at 766 Willow Springs Dr, Mobile, AL, 36695 offers $1,976/mo rent that, after a $942/mo payment, leaves $814/mo cash flow. Total monthly income is $1,976/mo, and annual cash flow is $9,771/yr on $63,814 cash. Return on cash invested measures 35.22% in year one, and rental yield stands at 12.32% at a $192,500 entry. Equity gained on principal adds $1,242/yr while 5% annual appreciation compounds into $53,184 by year five. Five-year ROI records 184.82% and total cumulative return in cash reaches $117,941. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,976/mo property income versus a $942/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
N/A lot
$N/A/sqft
$8 monthly 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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