106 Mill Stone DrDothanAL36305
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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
Investment property for sale in Dothan at 106 Mill Stone Dr, Dothan, AL, 36305 listed at $225,900 pairs $1,854/mo rent with a $1,106/mo payment to leave $579/mo cash flow. Total monthly income runs $1,854/mo, and annual cash flow reaches $6,943/yr on $74,886 cash to close. Return on cash invested measures 29.18% in year one, and rental yield registers 9.85% at a $225,900 basis. Equity gained on principal adds $1,458/yr, and annual property appreciation at 5% supports $62,412 by year five. Five-year ROI tracks 151.88% and total cumulative return in cash totals $113,739. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,854/mo property income relative to a $1,106/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.40 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
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