161 Harness CvDothanAL36303
Nearby investment properties with comparable rents
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 161 Harness Cv, Dothan, AL, 36303 offers a 9.05% rental yield on a $156,011 purchase with $1,177/mo rent. Total monthly income registers $1,177/mo, and a $764/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,552/yr on $51,718 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $1,007/yr while 5% annual appreciation supports $43,103 over five years. Portfolio math shows five-year ROI at 138.96% and total cumulative return in cash at $71,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,177/mo property income against a $764/mo payment rather than investor’s personal income documents like W2s, Salary slips, and 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
