107 Boyce RdDothanAL36305
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 107 Boyce Rd, Dothan, AL, 36305 earns $385/mo cash flow from $1,757/mo rent with a $1,170/mo payment. Total monthly income totals $1,757/mo, and annual cash flow totals $4,625/yr on $79,229 capital. ROI tracks 25.75% on current figures, and rental yield reads 8.82% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 133.57% and total cumulative return in cash sums $105,828. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,757/mo property income instead of your personal income.
Single Family
Built in 1988
0.28 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
Listed by: Hannah Pendleton • 1st Class Real Estate Wiregrass
Mls Name: SAMLS
Mls ID: #202048
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.