109 Tom Morris LnEnterpriseAL36330
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
Investment property for sale in Enterprise at 109 Tom Morris Ln, Enterprise, AL, 36330 at $329,840 posts ROI 24.15% with $387/mo cash flow from $2,248/mo rent. Total monthly income equals $2,248/mo, and annual cash flow records $4,639/yr on $109,342 to close. Return on cash invested measures 24.15% and rental yield reads 8.18% at the current $329,840. Equity gained on principal adds $2,128/yr, and 5% annual appreciation supports $91,129 by year five. Five-year ROI prints 124.89% and total cumulative return in cash totals $136,556.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,248/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: EVELYN HITCH • CENTURY 21 REGENCY REALTY
Mls Name: Wiregrass BOR
Mls ID: #555188