1200 S Edgewood DrDothanAL36301
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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 1200 S Edgewood Dr, Dothan, AL, 36301 uses $38,123 cash to close to unlock $2,937/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $894/mo, and a $563/mo payment keeps the spread at $245/mo. Purchase price stands at $115,000, and rental yield measures 9.33% with $894/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 143.47% and total cumulative return in cash records $54,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $894/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.38 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
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