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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Dothan, AL
$ 276,000
ROI
23.7
Cash Flow/m
301- 2 Bed
- 3 Bath
- 1936 sft
317 Hidden Creek Cir Unit 4, Dothan, AL, 36301
$ 245,000
ROI
20.4Cash Flow/m
43- 2 Bed
- 2 Bath
- 1547 sft
312-4 Hidden Creek Cir, Dothan, AL, 36301
$ 269,900
ROI
26.7Cash Flow/m
519- 2 Bed
- 2 Bath
- 1650 sft
304-2 Hidden Creek Cir, Dothan, AL, 36301
$ 269,000
ROI
20.1Cash Flow/m
28- 2 Bed
- 2 Bath
- 1574 sft
310 Hidden Creek Cir UNIT 3, Dothan, AL, 36301
Why Invest in Dothan, Alabama?
Dothan, AL condo investments offer steady cash flow in a market with rising home values. Median sales prices reached $270k in late 2025, up 9% year-over-year, supporting solid appreciation. Rental demand remains strong with average rents around $1,300 monthly and low vacancy trends. Cap rates hover at 7-8% while inventory at 6+ months supply favors investors. Renter-occupied housing exceeds 35%, ensuring reliable occupancy.
8.5%
Avg. ROI
6.2%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1285/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Yes, Dothan condos provide strong rental yields around 6% with rising property values. Low entry prices under $200k and steady demand from renters make them attractive. Inventory balance favors buyers seeking cash flow.
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