402 Ameris AveDothanAL36305
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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 402 Ameris Ave, Dothan, AL, 36305 earns $749/mo cash flow from $2,563/mo rent with a $1,560/mo payment. Total monthly income totals $2,563/mo, and annual cash flow totals $8,987/yr on $105,682 capital. ROI tracks 28.41% on current figures, and rental yield reads 9.65% at a $318,800 purchase. Equity gained on principal adds $2,057/yr, and 5% annual appreciation supports $88,079 over five years. Five-year ROI reaches 147.79% and total cumulative return in cash sums $156,190. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,563/mo property income instead of your personal income.
Single Family
Built in 2012
N/A lot
$N/A/sqft
$15 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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