111 Crest DrDoraAL35062
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 Dora at 111 Crest Dr, Dora, AL, 35062 offers a 10.23% rental yield on a $196,900 purchase with $1,679/mo rent. Total monthly income registers $1,679/mo, and a $964/mo payment leaves $567/mo available for distribution. Annual cash flow reaches $6,808/yr on $65,272 to close, and return on cash invested stands at 30.34% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,400 over five years. Portfolio math shows five-year ROI at 158.14% and total cumulative return in cash at $103,219. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,679/mo property income against a $964/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35062, Dora, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,538 (100%) |
| Owner Occupied HU | 2,666 (75.4%) |
| Renter Occupied HU | 578 (16.3%) |
| Vacant Housing Units | 294 ( 8.3%) |
| Median Home Value | $222,170 |
| Average Home Value | $234,752 |
Housing Distribution
Address Breakdown
Residential
3,492
Single Family
3,396
Multi-Family
96
Businesses
135
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