102 Morning Glory LnDothanAL36305
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Dothan at 102 Morning Glory Ln, Dothan, AL, 36305 priced at $287,000 pairs $2,040/mo rent with $420/mo cash flow after a $1,405/mo payment. Total monthly income equals $2,040/mo, and annual cash flow comes to $5,037/yr on $95,141 invested. Return on cash invested is 25.2% in year one, and rental yield stands at 8.53% on a $287,000 basis. Equity gained on principal adds $1,852/yr, and 5% annual appreciation accumulates to $79,293 by year five. Five-year ROI measures 130.52% and total cumulative return in cash reaches $124,174. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $1,405/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36305, Dothan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,615 (100%) |
| Owner Occupied HU | 4,611 (60.6%) |
| Renter Occupied HU | 2,495 (32.8%) |
| Vacant Housing Units | 509 ( 6.7%) |
| Median Home Value | $268,454 |
| Average Home Value | $326,638 |
Housing Distribution
Address Breakdown
Residential
7,549
Single Family
6,218
Multi-Family
1,331
Businesses
497
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