5355 Hollis Goodwin RdDoraAL35062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5355 Hollis Goodwin Rd, Dora, AL, 35062 uses $196,084 cash to close to unlock $84/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $3,371/mo, and a $2,917/mo payment keeps the spread at $7/mo. Purchase price stands at $596,000, and rental yield measures 6.79% with $3,371/mo rent. Return on cash invested shows 20.1% in year one, and 5% annual appreciation builds toward $164,664 over five years. Five-year ROI reaches 103.11% and total cumulative return in cash records $202,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,371/mo property income covering a $2,917/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6.65 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: Kathy Comeens Carter • RealtySouth The Harbin Company
Mls Name: Walker County Area MLS
Mls ID: #24-1438
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. Copyright 2025 Walker County Area MLS, All rights reserved.