115 Laurel Breeze 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
Rental property for sale in Enterprise at 115 Laurel Breeze Dr, Enterprise, AL, 36330 priced at $450,000 converts $1,573/mo rent into after a $2,203/mo obligation. Total monthly income equals $1,573/mo. Return on cash invested prints 12.13% in year one, and rental yield reads 4.19% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 60.4% and total cumulative return in cash sums $90,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,573/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1976
3.50 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: LEIGH CHILDERS • TEAM LINDA SIMMONS REAL ESTATE
Mls Name: Wiregrass BOR
Mls ID: #554411