809 Montgomery StMobileAL36603
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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 809 Montgomery St, Mobile, AL, 36603 with 5% annual appreciation on a $132,500 basis while $2,233/mo rent supports operations. Total monthly income totals $2,233/mo and a $649/mo payment preserves $1,485/mo for cash returns. Annual cash flow comes to $17,815/yr on $43,924 deployed, and return on cash invested reaches 60.47% in year one. Equity gained on principal adds $855/yr, and five-year appreciation sums $36,607 alongside rental yield of 20.22%. Five-year ROI measures 319.66% and total cumulative return in cash totals $140,408.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,233/mo property income versus a $649/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36603, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,885 (100%) |
| Owner Occupied HU | 1,078 (27.7%) |
| Renter Occupied HU | 1,953 (50.3%) |
| Vacant Housing Units | 854 (22.0%) |
| Median Home Value | $119,133 |
| Average Home Value | $197,221 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,556
Multi-Family
596
Businesses
327
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