990 Webb 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 990 Webb Rd, Dothan, AL, 36303 uses $56,687 cash to close to unlock $3,393/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $1,248/mo, and a $837/mo payment keeps the spread at $283/mo. Purchase price stands at $171,000, and rental yield measures 8.76% with $1,248/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $47,244 over five years. Five-year ROI reaches 134.25% and total cumulative return in cash records $76,103. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,248/mo property income covering a $837/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A 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: Sharonica Chambers • Agape Real Estate
Mls Name: SAMLS
Mls ID: #203252
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.