118 Country View CirDoraAL35062
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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
Rental property for sale in Dora at 118 Country View Cir, Dora, AL, 35062 priced at $129,000 converts $995/mo rent into $267/mo cash flow after a $631/mo obligation. Total monthly income equals $995/mo, and annual cash flow totals $3,207/yr on $42,764 invested. Return on cash invested prints 27.41% in year one, and rental yield reads 9.26% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 142.44% and total cumulative return in cash sums $60,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $995/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.70 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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Listed by: Steven Koleno • Beycome Brokerage Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21425329
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.