118 Heyward DrDothanAL36303
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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 118 Heyward Dr, Dothan, AL, 36303 earns $676/mo cash flow from $1,756/mo rent with a $919/mo payment. Total monthly income totals $1,756/mo, and annual cash flow totals $8,114/yr on $62,239 capital. ROI tracks 32.95% on current figures, and rental yield reads 11.22% at a $187,750 purchase. Equity gained on principal adds $1,212/yr, and 5% annual appreciation supports $51,872 over five years. Five-year ROI reaches 172.24% and total cumulative return in cash sums $107,198. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,756/mo property income instead of your personal income.
Townhouse
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36303, Dothan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 7,778 (50.0%) |
| Renter Occupied HU | 6,073 (39.0%) |
| Vacant Housing Units | 1,701 (10.9%) |
| Median Home Value | $200,499 |
| Average Home Value | $238,145 |
Housing Distribution
Address Breakdown
Residential
14,090
Single Family
12,201
Multi-Family
1,889
Businesses
1,895
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Listed by: Donald K. Fuller, Jr. • Fuller Realty at Lake Martin, Inc.
Mls Name: LMMLS
Mls Provider:
Mls ID: #25-1777
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.