106 Needle Pine DrDothanAL36301
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
Rental property for sale in Dothan at 106 Needle Pine Dr, Dothan, AL, 36301 generates $2,113/mo in rent and, after a $1,109/mo payment, leaves $834/mo in cash flow. Total monthly income is $2,113/mo, and annual cash flow is $10,009/yr on $75,085 invested. Return on cash invested sits at 33.24% in year one, and rental yield is 11.19% on a $226,500 entry. Equity gained on principal adds $1,462/yr, while 5% annual appreciation builds toward $62,578 over five years. Five-year ROI reaches 173.68% and total cumulative return in cash sums $130,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,113/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36301, Dothan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,881 (100%) |
| Owner Occupied HU | 9,769 (54.6%) |
| Renter Occupied HU | 6,476 (36.2%) |
| Vacant Housing Units | 1,636 ( 9.1%) |
| Median Home Value | $194,272 |
| Average Home Value | $226,554 |
Housing Distribution
Address Breakdown
Residential
17,122
Single Family
15,799
Multi-Family
1,323
Businesses
1,316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices