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11
Photos
2
beds
1
bath
708
sqft
Conveniently located Investment opportunity! This 2 Bed 1 Bath home was recently upgraded and is near all major amenities. A brand new mini split HVAC system was added last year. This is a rental property that is currently tenant occupied. Current rent is $850/month. Please do not disturb the tenants. This property is being sold individually, but could potentially be included as part of a package to include MLS #'s 7351203 (2502 Dubose) and 7351169 (621 Westwood). Financials for the portfolio of 3: Monthly Gross Rent (Yearly) - $3,077.00 ($36,924.00) Monthly 2023 Taxes (Yearly) - $85.28 ($1,023.30) Monthly Insurance Estimate (Yearly) - $440.79 ($5289.47) Monthly Vacancy at 5% (Yearly) - $153.85 ($1846.20) Monthly Maintenance at 10% (Yearly) - $307.70 ($3,077.00) Monthly Property Management at 10% (Yearly) - $307.70 ($3,077.00) Monthly NOI (Yearly) - $1,781.68 ($21,380.23) Cap Rate - 9.94% Rent/Price - 1.43% All Information provided is deemed reliable but not guaranteed. Buyer or Buyer’s Agent to verify all information.
Features & Amenities
Interior
- General:
- Other
- Appliances:
- Electric Oven, Electric Range
- Laundry:
- None
- Basement:
- None
- Flooring:
- Carpet
- A/C:
- true, Other
- Heating:
- true, Other
- Fireplace:
- None
- Disability Feature:
- None
- Eco/Green Feature:
- None
Exterior
- General:
- None
- Style:
- Cottage
- Pool:
- None
- Parking:
- None
Construction
- Roofing:
- Shingle
- Windows:
- None
- General:
- Wood Siding, One, Pillar/Post/Pier
Location
- Road/Access:
- City Street
- Originating MLS:
- GCMLS2
- County:
- Mobile - AL
Lot
- Zoning:
- 2910283001052
- View:
- Trees/Woods
- Fencing:
- Chain Link
Utilities
- Utilities:
- Electricity Available, Water Available, None
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- GCMLS2
This listing courtesy of:
Revitalize Realty LLC, Dylan Thomas
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Mobile, AL
Housing
- Number of Units
- 119,794
- Median Home Value
- $155,219
- Median Rent
- $666
43.79% of housing units are renter occupied.
11.74% are vacant.
Commute
- Car
-
80.48%
- Public Transportation
-
0.71%
- Walk to Work
-
0.90%
- Work from Home
-
16.93%
- Other
-
0.83%
The median travel time to work is 21 minutes.
People
- Population
- 265,382
- Median Age
- 38.40
- Median Household Size
- 2.50
Education
- High School
-
31.25%
- Associate’s Degree
-
8.15%
- Bachelor’s Degree
-
19.40%
- Graduate Degree
-
9.78%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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