1601 Johnny Murphy RdDothanAL36301
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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 1601 Johnny Murphy Rd, Dothan, AL, 36301 offers $1,870/mo rent that, after a $1,260/mo payment, leaves $417/mo cash flow. Total monthly income is $1,870/mo, and annual cash flow is $5,003/yr on $85,361 cash. Return on cash invested measures 25.77% in year one, and rental yield stands at 8.71% at a $257,500 entry. Equity gained on principal adds $1,662/yr while 5% annual appreciation compounds into $71,143 by year five. Five-year ROI records 133.54% and total cumulative return in cash reaches $113,989. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,870/mo property income versus a $1,260/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.50 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: Service With A Smile • Berkshire Hathaway HomeServices Showcase Properties
Mls Name: SAMLS
Mls ID: #204006
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.