3986 Fortner StDothanAL36305
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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
Rental property for sale in Dothan at 3986 Fortner St, Dothan, AL, 36305 priced at $169,900 pairs $1,243/mo rent with $284/mo cash flow after a $832/mo payment. Total monthly income equals $1,243/mo, and annual cash flow comes to $3,403/yr on $56,322 invested. Return on cash invested is 25.95% in year one, and rental yield stands at 8.78% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 134.57% and total cumulative return in cash reaches $75,794. For financing, Ziffy Mortgage’s DSCR program evaluates $1,243/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
0.95 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: Sherry Davis • Ingram Realty, LLC
Mls Name: SAMLS
Mls ID: #200354
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.