1803 Westover DrDothanAL36303
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
Rental property for sale in Dothan at 1803 Westover Dr, Dothan, AL, 36303 priced at $224,900 pairs $1,586/mo rent with $284/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,586/mo, and annual cash flow comes to $3,411/yr on $74,554 invested. Return on cash invested is 24.48% in year one, and rental yield stands at 8.46% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 126.9% and total cumulative return in cash reaches $94,609. For financing, Ziffy Mortgage’s DSCR program evaluates $1,586/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.34 Acres 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
Listed by: Tanya Matthews • Weichert Realtors JBR Legacy Group
Mls Name: SAMLS
Mls ID: #203098
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.