857 Edwards StMobileAL36610
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 857 Edwards St, Mobile, AL, 36610 in Mobile earns a 9.1% gross yield at $135,000. Rent of $1,024/mo nets $226/mo after the $607/mo mortgage. The 1.69 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $37,298 and $1,243/yr in equity accumulation project a total cumulative return of $65,582.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.8% |
| Monthly Cash Flow | $226 | $450 |
City averages based on Mobile market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,024 |
| Total Monthly Debt Service | $745 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
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
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
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.