1604 Burbank StDothanAL36303
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Nearby investment properties with comparable prices
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 1604 Burbank St, Dothan, AL, 36303 at $234,900 posts ROI 30.69% with $700/mo cash flow from $2,026/mo rent. Total monthly income equals $2,026/mo, and annual cash flow records $8,398/yr on $77,869 to close. Return on cash invested measures 30.69% and rental yield reads 10.35% at the current $234,900. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 by year five. Five-year ROI prints 159.96% and total cumulative return in cash totals $124,557.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,026/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
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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Listed by: Emily Shiver • Coldwell Banker/Alfred Saliba
Mls Name: SAMLS
Mls ID: #203559
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.