See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4

963 Navco Rd, Mobile, AL, 36605

2beds
2baths
--sqft
$510,000
--price/sqft
$4,082/moest. monthly cost
$163,280/yrincome needed

About This Home

Investment Property Package – Multiple Units Available Prime Opportunity for Investors! Don’t miss this chance to own a versatile portfolio of income-producing properties. This package includes four residential properties (includes 2 duplexes) with strong rental potential and a mix of unit types to diversify your investment. All properties are currently 100% occupied. Two properties contain long-term tenants who have been in place for more than 10 years. ?? Property Overview: • Duplex #1 (Navco Rd.) o 2 Bedrooms / 1.5 Bathrooms (each unit) o Each unit is approximately 950 sq. ft. o Gross Rent: $1,000 + $875 = $1,875 o Opportunity to increase one side rent from $875 to $950 or $1,000. • Duplex #2 (Steiner St.) o 2 Bedrooms / 1 Bathroom (each unit) o Each unit is approximately 900 sq. ft. o Gross Rent: $900 + $900 = $1,800 o Potential to increase rent to $925 or $950. • Single-Family Home #1 (Mohawk St.) o 2 Bedrooms / 1 Bathroom o Home has been occupied by long-term tenant and currently rented as a part of the Housing Choice Voucher Program (Section 8) o Home is approximately 935 sq. ft. o Gross Rent: $1,000 • Single-Family Home #2 (Boykin Blvd.) o 3 Bedrooms / 1 Bathroom o Home has been occupied by long-term tenant. o Home is approximately 1,200 sq. ft. o Gross Rent: $1,000 ?? Investment Highlights: • Multiple income streams from 4 separate properties, two of which are multi-family duplexes. • All properties are currently 100% rented. • Suitable for both new and experienced investors. ?? Endless Potential: Whether you're looking to expand your portfolio or start building wealth through real estate, this package offers flexibility, steady income potential, and long-term growth. Asking Price: $520,000

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

4/10
2/10
Pillans Middle SchoolGrades 6-81.9 mi
1/10

Construction

Type & Style

  • Home type: MultiFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,578$30,936
Home Insurance *$1,082$12,984
Property Taxes $182$2,184
Electricity $240$2,881
Total$4,082$48,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,954/yr
40% on housing$122,460/yr
45% on housing$108,853/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 36605$67
Mobile County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 36605$84
Mobile County$135

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-15Price change$510,000
2026-06-26Listed for sale$520,000

For Sale by Owner

AgentProperty Owner

Similar Homes