509 Patterson RdDothanAL36301
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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 509 Patterson Rd, Dothan, AL, 36301 at $749,900 posts ROI 16.08% with from $3,414/mo rent. Total monthly income equals $3,414/mo. Return on cash invested measures 16.08% and rental yield reads 5.46% at the current $749,900. Equity gained on principal adds $4,839/yr, and 5% annual appreciation supports $207,184 by year five. Five-year ROI prints 81.55% and total cumulative return in cash totals $201,202. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,414/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36301, Dothan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,881 (100%) |
| Owner Occupied HU | 9,769 (54.6%) |
| Renter Occupied HU | 6,476 (36.2%) |
| Vacant Housing Units | 1,636 ( 9.1%) |
| Median Home Value | $194,272 |
| Average Home Value | $226,554 |
Housing Distribution
Address Breakdown
Residential
17,122
Single Family
15,799
Multi-Family
1,323
Businesses
1,316
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