312 Redbud CirDothanAL36305
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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 312 Redbud Cir, Dothan, AL, 36305 priced at $343,000 converts $2,759/mo rent into $785/mo cash flow after a $1,679/mo obligation. Total monthly income equals $2,759/mo, and annual cash flow totals $9,417/yr on $113,705 invested. Return on cash invested prints 28.19% in year one, and rental yield reads 9.65% against a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation compiles into $94,765 by year five. Five-year ROI reaches 146.7% and total cumulative return in cash sums $166,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,759/mo property income covering a $1,679/mo payment, not borrower’s personal income.
Single Family
Built in 2010
0.33 Acres lot
$N/A/sqft
$38 monthly 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
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