418 Caravella DrDothanAL36305
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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 418 Caravella Dr, Dothan, AL, 36305 earns $411/mo cash flow from $2,770/mo rent with a $2,046/mo payment. Total monthly income totals $2,770/mo, and annual cash flow totals $4,926/yr on $138,567 capital. ROI tracks 23.46% on current figures, and rental yield reads 7.95% at a $417,999 purchase. Equity gained on principal adds $2,697/yr, and 5% annual appreciation supports $115,485 over five years. Five-year ROI reaches 121.2% and total cumulative return in cash sums $167,943. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,770/mo property income instead of your personal income.
Single Family
Built in 2006
0.31 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: Kyler Harpe • Keller Williams Southeast Alabama
Mls Name: SAMLS
Mls ID: #204819
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.