104 Candy DrEnterpriseAL36330
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 104 Candy Dr, Enterprise, AL, 36330 priced at $290,000 converts $1,936/mo rent into $300/mo cash flow after a $1,419/mo obligation. Total monthly income equals $1,936/mo, and annual cash flow totals $3,594/yr on $96,135 invested. Return on cash invested prints 23.65% in year one, and rental yield reads 8.01% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 122.2% and total cumulative return in cash sums $117,472. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,936/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.38 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christy Moretz Reid • Wiregrass Home Team
Mls Name: Wiregrass BOR
Mls ID: #553813
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.