910 Louise AveMobileAL36609
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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 910 Louise Ave, Mobile, AL, 36609 generates $1,189/mo in rent and, after a $783/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,189/mo, and annual cash flow is $3,339/yr on $53,007 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 8.92% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 136.05% and total cumulative return in cash sums $72,114. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,189/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
10,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36609, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,706 (100%) |
| Owner Occupied HU | 4,936 (38.8%) |
| Renter Occupied HU | 6,721 (52.9%) |
| Vacant Housing Units | 1,049 ( 8.3%) |
| Median Home Value | $228,794 |
| Average Home Value | $248,917 |
Housing Distribution
Address Breakdown
Residential
11,492
Single Family
6,555
Multi-Family
4,937
Businesses
1,002
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Listed by: Leighton Dees • Better Homes & Gardens RE Platinum Properties
Mls Name: GCMLS
Mls Provider:
Mls ID: #7625333
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.