511 W Franklin StDothanAL36301
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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 511 W Franklin St, Dothan, AL, 36301 with 5% annual appreciation on a $139,900 basis while $1,248/mo rent supports operations. Total monthly income totals $1,248/mo and a $685/mo payment preserves $444/mo for cash returns. Annual cash flow comes to $5,322/yr on $46,377 deployed, and return on cash invested reaches 31.38% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 10.7%. Five-year ROI measures 163.87% and total cumulative return in cash totals $75,999.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,248/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.39 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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Listed by: Cliff Glansen • FlatFee.com
Mls Name: SAMLS
Mls ID: #203731
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.