103 Berkeley WayDothanAL36305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Dothan at 103 Berkeley Way, Dothan, AL, 36305 with 5% annual appreciation on a $379,900 basis while $2,158/mo rent supports operations. Total monthly income totals $2,158/mo and a $1,859/mo payment preserves $14/mo for cash returns. Annual cash flow comes to $169/yr on $125,937 deployed, and return on cash invested reaches 20.04% in year one. Equity gained on principal adds $2,451/yr, and five-year appreciation sums $104,959 alongside rental yield of 6.82%. Five-year ROI measures 102.88% and total cumulative return in cash totals $129,569.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,158/mo property income versus a $1,859/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
0.49 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices