Zip Code 36608 — Mobile, AL
🟡MODERATE— average returnsCap Rate
4.8%
Monthly Cash Flow
-$326
Median Home Price
$241,871
DSCR
0.75
🏠 Fair Market Rents
- Studio
- $890/mo
- 1 Bedroom
- $980/mo
- 2 Bedroom
- $1,200/mo
- 3 Bedroom
- $1,590/mo
- 4 Bedroom
- $1,630/mo
📊 Investment Metrics
- Cap Rate
- 4.8%
- Cash-on-Cash Return
- -7.0%
- Price-to-Rent Ratio
- 12.7
- 1% Rule
- 0.66%
- Gross Rent Multiplier
- 12.7
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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