132 Cove LnDothanAL36305
Nearby investment properties with comparable rents
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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 132 Cove Ln, Dothan, AL, 36305 earns $825/mo cash flow from $1,615/mo rent with a $685/mo payment. Total monthly income totals $1,615/mo, and annual cash flow totals $9,901/yr on $46,377 capital. ROI tracks 41.26% on current figures, and rental yield reads 13.85% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 216.74% and total cumulative return in cash sums $100,515. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,615/mo property income instead of your personal income.
Single Family
Built in 2000
4,617 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36305, Dothan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,615 (100%) |
| Owner Occupied HU | 4,611 (60.6%) |
| Renter Occupied HU | 2,495 (32.8%) |
| Vacant Housing Units | 509 ( 6.7%) |
| Median Home Value | $268,454 |
| Average Home Value | $326,638 |
Housing Distribution
Address Breakdown
Residential
7,549
Single Family
6,218
Multi-Family
1,331
Businesses
497
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