200 McCormick StEnterpriseAL36330
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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 200 McCormick St, Enterprise, AL, 36330 listed at $118,000 pairs $889/mo rent with a $578/mo payment to leave $223/mo cash flow. Total monthly income runs $889/mo, and annual cash flow reaches $2,670/yr on $39,117 cash to close. Return on cash invested measures 26.73% in year one, and rental yield registers 9.04% at a $118,000 basis. Equity gained on principal adds $761/yr, and annual property appreciation at 5% supports $32,601 by year five. Five-year ROI tracks 138.79% and total cumulative return in cash totals $54,291. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $889/mo property income relative to a $578/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
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: Karson Grant • Primus Realty Group dba REMAX Premier
Mls Name: Wiregrass BOR
Mls ID: #556455