808 Monroe StDothanAL36303
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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
Rental property for sale in Dothan at 808 Monroe St, Dothan, AL, 36303 generates $809/mo in rent and, after a $513/mo payment, leaves $217/mo in cash flow. Total monthly income is $809/mo, and annual cash flow is $2,608/yr on $34,774 invested. Return on cash invested sits at 27.41% in year one, and rental yield is 9.25% on a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 142.43% and total cumulative return in cash sums $49,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $809/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.42 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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