916 Church St LOT 6MobileAL36604
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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
Total monthly income runs $1,200/mo, and a $3,500/mo payment. Purchase price stands at $715,000, and rental yield measures 2.01% with $1,200/mo rent. Return on cash invested shows 5.59% in year one, and 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 25.31% and total cumulative return in cash records $59,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $3,500/mo payment rather than investor’s personal income.
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36604, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,225 (100%) |
| Owner Occupied HU | 2,263 (43.3%) |
| Renter Occupied HU | 1,784 (34.1%) |
| Vacant Housing Units | 1,178 (22.5%) |
| Median Home Value | $296,824 |
| Average Home Value | $307,895 |
Housing Distribution
Address Breakdown
Residential
4,408
Single Family
3,770
Multi-Family
638
Businesses
329
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