1305 Petty StDothanAL36301
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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 1305 Petty St, Dothan, AL, 36301 priced at $111,600 pairs $961/mo rent with $331/mo cash flow after a $546/mo payment. Total monthly income equals $961/mo, and annual cash flow comes to $3,976/yr on $36,995 invested. Return on cash invested is 30.66% in year one, and rental yield stands at 10.33% on a $111,600 basis. Equity gained on principal adds $720/yr, and 5% annual appreciation accumulates to $30,833 by year five. Five-year ROI measures 159.84% and total cumulative return in cash reaches $59,134. For financing, Ziffy Mortgage’s DSCR program evaluates $961/mo property income against a $546/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.27 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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Listed by: Martha Hughes • ERA Porch Light Properties, LLC
Mls Name: SAMLS
Mls ID: #201702
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.