121 Harness CvDothanAL36303
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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 Dothan at 121 Harness Cv, Dothan, AL, 36303 priced at $183,062 pairs $1,680/mo rent with $647/mo cash flow after a $896/mo payment. Total monthly income equals $1,680/mo, and annual cash flow comes to $7,760/yr on $60,685 invested. Return on cash invested is 32.7% in year one, and rental yield stands at 11.01% on a $183,062 basis. Equity gained on principal adds $1,181/yr, and 5% annual appreciation accumulates to $50,577 by year five. Five-year ROI measures 170.74% and total cumulative return in cash reaches $103,614. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $896/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2023
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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