3203 Wellington RdDothanAL36305
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 3203 Wellington Rd, Dothan, AL, 36305 at $235,000 posts ROI 33.11% with $857/mo cash flow from $2,183/mo rent. Total monthly income equals $2,183/mo, and annual cash flow records $10,281/yr on $77,903 to close. Return on cash invested measures 33.11% and rental yield reads 11.15% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 172.88% and total cumulative return in cash totals $134,680.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,183/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.34 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
Listed by: Mark McEntyre • Weichert Realtors JBR Legacy Group
Mls Name: SAMLS
Mls ID: #199890
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.