103 Wakefield WayEnterpriseAL36330
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
Rental property for sale in Enterprise at 103 Wakefield Way, Enterprise, AL, 36330 offers $1,486/mo rent that, after a $817/mo payment, leaves $544/mo cash flow. Total monthly income is $1,486/mo, and annual cash flow is $6,525/yr on $55,361 cash. Return on cash invested measures 31.7% in year one, and rental yield stands at 10.68% at a $167,000 entry. Equity gained on principal adds $1,078/yr while 5% annual appreciation compounds into $46,139 by year five. Five-year ROI records 165.35% and total cumulative return in cash reaches $91,539. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,486/mo property income versus a $817/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
N/A 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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Nearby investment properties with comparable prices
Listed by: Wade Stricker • COLDWELL BANKER PRESTIGE HOMES AND REAL ESTATE
Mls Name: Wiregrass BOR
Mls ID: #556581