674 Drew RdDothanAL36303
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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 674 Drew Rd, Dothan, AL, 36303 offers a 14.51% rental yield on a $148,000 purchase with $1,789/mo rent. Total monthly income registers $1,789/mo, and a $724/mo payment leaves $926/mo available for distribution. Annual cash flow reaches $11,106/yr on $49,062 to close, and return on cash invested stands at 42.55% in year one. Equity gained on principal adds $955/yr while 5% annual appreciation supports $40,890 over five years. Portfolio math shows five-year ROI at 223.8% and total cumulative return in cash at $109,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,789/mo property income against a $724/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36303, Dothan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 7,778 (50.0%) |
| Renter Occupied HU | 6,073 (39.0%) |
| Vacant Housing Units | 1,701 (10.9%) |
| Median Home Value | $200,499 |
| Average Home Value | $238,145 |
Housing Distribution
Address Breakdown
Residential
14,090
Single Family
12,201
Multi-Family
1,889
Businesses
1,895
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Listed by: Cliff Glansen • FlatFee.com
Mls Name: SAMLS
Mls ID: #204029
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.