3898 Booker StDolomiteAL35061
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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 Dolomite at 3898 Booker St, Dolomite, AL, 35061 earns $541/mo cash flow from $1,500/mo rent with a $832/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $6,486/yr on $56,355 capital. ROI tracks 31.42% on current figures, and rental yield reads 10.59% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 163.87% and total cumulative return in cash sums $92,349. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35061, Dolomite, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 378 (65.5%) |
| Renter Occupied HU | 140 (24.3%) |
| Vacant Housing Units | 59 (10.2%) |
| Median Home Value | $198,276 |
| Average Home Value | $222,665 |
Housing Distribution
Address Breakdown
Residential
493
Single Family
493
Multi-Family
0
Businesses
87
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