102 McCormick StEnterpriseAL36330
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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 Enterprise at 102 McCormick St, Enterprise, AL, 36330 earns $226/mo cash flow from $836/mo rent with a $529/mo payment. Total monthly income totals $836/mo, and annual cash flow totals $2,712/yr on $35,802 capital. ROI tracks 27.48% on current figures, and rental yield reads 9.29% at a $108,000 purchase. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 over five years. Five-year ROI reaches 142.74% and total cumulative return in cash sums $51,104. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $836/mo property income instead of your personal income.
Single Family
Built in 1940
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36330, Enterprise, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,114 (100%) |
| Owner Occupied HU | 10,241 (56.5%) |
| Renter Occupied HU | 6,186 (34.2%) |
| Vacant Housing Units | 1,687 ( 9.3%) |
| Median Home Value | $209,432 |
| Average Home Value | $245,288 |
Housing Distribution
Address Breakdown
Residential
16,828
Single Family
15,489
Multi-Family
1,339
Businesses
999
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Listed by: CHRISTOPHER K ROGERS • CENTURY 21 REGENCY REALTY
Mls Name: Wiregrass BOR
Mls ID: #556570