4974 Greathouse RdDoraAL35062
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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 4974 Greathouse Rd, Dora, AL, 35062 earns $315/mo cash flow from $1,247/mo rent with a $808/mo payment. Total monthly income totals $1,247/mo, and annual cash flow totals $3,783/yr on $54,698 capital. ROI tracks 26.83% on current figures, and rental yield reads 9.07% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 139.31% and total cumulative return in cash sums $76,199. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,247/mo property income instead of your personal income.
Manufactured
Built in 2003
5 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: Lori King • Jonathan Chamness Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21424602
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.