601 Massee DrDothanAL36301
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 Dothan at 601 Massee Dr, Dothan, AL, 36301 at $163,500 posts ROI 27.49% with $342/mo cash flow from $1,265/mo rent. Total monthly income equals $1,265/mo, and annual cash flow records $4,108/yr on $54,200 to close. Return on cash invested measures 27.49% and rental yield reads 9.28% at the current $163,500. Equity gained on principal adds $1,055/yr, and 5% annual appreciation supports $45,172 by year five. Five-year ROI prints 142.84% and total cumulative return in cash totals $77,420.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,265/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.36 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: DWAYNE BOWMAN • WEICHERT REALTORS JBR LEGACY GROUP
Mls Name: WBOR
Mls ID: #552419
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.