308 Sunrise DrDothanAL36305
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 308 Sunrise Dr, Dothan, AL, 36305 uses $42,465 cash to close to unlock $11,963/yr annual cash flow and $997/mo monthly cash flow. Total monthly income runs $1,720/mo, and a $627/mo payment keeps the spread at $997/mo. Purchase price stands at $128,100, and rental yield measures 16.11% with $1,720/mo rent. Return on cash invested shows 48.08% in year one, and 5% annual appreciation builds toward $35,392 over five years. Five-year ROI reaches 253.21% and total cumulative return in cash records $107,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,720/mo property income covering a $627/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.98 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices