9308 Johnson Rd SMobileAL36695
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 9308 Johnson Rd S, Mobile, AL, 36695 uses $66,267 cash to close to unlock $5,197/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $1,561/mo, and a $978/mo payment keeps the spread at $433/mo. Purchase price stands at $199,900, and rental yield measures 9.37% with $1,561/mo rent. Return on cash invested shows 27.75% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 144.25% and total cumulative return in cash records $95,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,561/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36695, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,268 (100%) |
| Owner Occupied HU | 14,535 (65.3%) |
| Renter Occupied HU | 6,614 (29.7%) |
| Vacant Housing Units | 1,119 ( 5.0%) |
| Median Home Value | $263,847 |
| Average Home Value | $294,427 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
16,541
Multi-Family
5,299
Businesses
729
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ivey Welch • eXp Realty Port City Downtown
Mls Name: GCMLS
Mls Provider:
Mls ID: #7454369
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.