316 Waynesboro WayDothanAL36305
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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
Investment property for sale in Dothan at 316 Waynesboro Way, Dothan, AL, 36305 earns $752/mo cash flow from $2,107/mo rent with a $1,175/mo payment. Total monthly income totals $2,107/mo, and annual cash flow totals $9,024/yr on $79,560 capital. ROI tracks 31.25% on current figures, and rental yield reads 10.54% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 162.94% and total cumulative return in cash sums $129,638. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,107/mo property income instead of your personal income.
Single Family
Built in 2001
0.30 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
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Listed by: Charles Harrison Holmes • 1st Class Real Estate Wiregrass
Mls Name: Wiregrass BOR
Mls ID: #553903
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.