485 Docs DrDoraAL35062
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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 Dora at 485 Docs Dr, Dora, AL, 35062 offers a 7.5% rental yield on a $383,000 purchase with $2,395/mo rent. Total monthly income registers $2,395/mo, and a $1,875/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,793/yr on $126,965 to close, and return on cash invested stands at 22.11% in year one. Equity gained on principal adds $2,471/yr while 5% annual appreciation supports $105,816 over five years. Portfolio math shows five-year ROI at 113.92% and total cumulative return in cash at $144,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,395/mo property income against a $1,875/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35062, Dora, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,538 (100%) |
| Owner Occupied HU | 2,666 (75.4%) |
| Renter Occupied HU | 578 (16.3%) |
| Vacant Housing Units | 294 ( 8.3%) |
| Median Home Value | $222,170 |
| Average Home Value | $234,752 |
Housing Distribution
Address Breakdown
Residential
3,492
Single Family
3,396
Multi-Family
96
Businesses
135
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Listed by: Cliff Glansen • FlatFee.com
Mls Name: GALMLS
Mls Provider:
Mls ID: #21432419
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.