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$149,900
3 Beds 1 Baths 408531 MLS
HIGH-YIELD RENTAL WITH A TENANT IN PLACE, IMMEDIATE CASH FLOW, AND RECENT MAJOR UPDATES. Currently generating $1,398 per month, this professionally managed 3-bedroom, 1-bath investment property offers day-one rental income and an established operating history. Recent capital improvements include an HVAC replacement (2023), roof replacement (2021), and new flooring and subflooring (2023), reducing future maintenance concerns. The month-to-month lease offers flexibility while preserving uninterrupted rental income. A portion of the monthly income is generated through a government-assisted housing program, providing a stable and predictable revenue stream. Rent rolls, lease information, and T-12 financial statements are available upon request. This property is part of a six-home investment portfolio being offered individually or as a package. The seller would prefer a portfolio sale but will consider individual offers. SEE MLS #’s (408488,408492,408533,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.

1453 Mamie Dr, Mobile

$164,900
3 Beds 2 Baths 408492 MLS
CASH-FLOWING MOBILE, AL RENTAL WITH IMMEDIATE INCOME, FUTURE FLEXIBILITY, AND THE FEEL OF A TRADITIONAL SINGLE-FAMILY HOME. Currently leased at $1,434 per month, this professionally managed 3-bedroom, 2-bath property combines stable rental income with future owner-occupancy potential. The current tenant has occupied the home for more than four years, creating an established rental history and reducing turnover risk. Major capital improvements include a new roof (2017), HVAC replacement (2017), new windows (2021), and new flooring (2025). The month-to-month lease provides flexibility for future ownership plans while maintaining uninterrupted cash flow. Financial documentation, including rent rolls and T-12 statements, is available upon request. This home is one of six investment opportunity properties available individually or as part of a larger investment portfolio. Ask about acquiring multiple properties in a single transaction. SEE MLS #’s (408488,408531,408533,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.

1465 Mamie Dr, Mobile

$179,900
4 Beds 2 Baths 408488 MLS
TURNKEY INVESTMENT OPPORTUNITY WITH IMMEDIATE CASH FLOW, A LONG-TERM TENANT IN PLACE, AND MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED. Currently generating $1,531 per month, this professionally managed 4-bedroom, 2-bath home offers immediate rental income with a tenant who has occupied the property for more than four years. Recent updates include a new roof (2025), new flooring (2025), and HVAC replacement (2021), significantly reducing near-term maintenance expenses. The current month-to-month lease provides flexibility for investors while also preserving future owner-occupancy potential. A portion of the rental income is generated through a government-assisted housing program, creating stable and predictable cash flow. Rent rolls, lease information, and T-12 financial statements are available upon request. This property is one of six investment opportunity homes being offered individually or as part of a larger investment portfolio. The seller would prefer a portfolio sale but will consider individual offers. SEE MLS #’s (408492,408531,408533,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.

1469 Mamie Dr, Mobile

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .