108 N Springview DrEnterpriseAL36330
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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 108 N Springview Dr, Enterprise, AL, 36330 with 5% annual appreciation on a $160,000 basis while $1,596/mo rent supports operations. Total monthly income totals $1,596/mo and a $783/mo payment preserves $693/mo for cash returns. Annual cash flow comes to $8,316/yr on $53,040 deployed, and return on cash invested reaches 35.59% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 11.97%. Five-year ROI measures 186.2% and total cumulative return in cash totals $98,762.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,596/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2005
5,662 sqft 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: Joc Calloway • Full Circle Realty LLC
Mls Name: Wiregrass BOR
Mls ID: #554851