857 Edwards StMobileAL36610
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
Investment property for sale in Mobile at 857 Edwards St, Mobile, AL, 36610 with 5% annual appreciation on a $135,000 basis while $1,024/mo rent supports operations. Total monthly income totals $1,024/mo and a $661/mo payment preserves $225/mo for cash returns. Annual cash flow comes to $2,705/yr on $44,753 deployed, and return on cash invested reaches 25.95% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.1%. Five-year ROI measures 134.96% and total cumulative return in cash totals $60,397.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,024/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
7,431 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36610, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,206 (100%) |
| Owner Occupied HU | 2,074 (39.8%) |
| Renter Occupied HU | 1,981 (38.1%) |
| Vacant Housing Units | 1,151 (22.1%) |
| Median Home Value | $53,742 |
| Average Home Value | $116,964 |
Housing Distribution
Address Breakdown
Residential
4,207
Single Family
4,111
Multi-Family
96
Businesses
349
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George Mcalman • Mount Eagle Realty
Mls Name: GCMLS
Mls Provider:
Mls ID: #7480037
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.