114 Welborn AveEnterpriseAL36330
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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
Rental property for sale in Enterprise at 114 Welborn Ave, Enterprise, AL, 36330 priced at $346,900 converts $2,586/mo rent into $628/mo cash flow after a $1,698/mo obligation. Total monthly income equals $2,586/mo, and annual cash flow totals $7,534/yr on $114,997 invested. Return on cash invested prints 26.46% in year one, and rental yield reads 8.95% against a $346,900 entry. Equity gained on principal adds $2,238/yr, while 5% annual appreciation compiles into $95,842 by year five. Five-year ROI reaches 137.25% and total cumulative return in cash sums $157,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,586/mo property income covering a $1,698/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.26 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: Megan Rhodes • Keller Williams Southeast Alabama
Mls Name: SAMLS
Mls ID: #204926