203 Conneway CtEnterpriseAL36330
Nearby investment properties with comparable rents
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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 203 Conneway Ct, Enterprise, AL, 36330 priced at $312,000 converts $2,280/mo rent into $519/mo cash flow after a $1,527/mo obligation. Total monthly income equals $2,280/mo, and annual cash flow totals $6,228/yr on $103,428 invested. Return on cash invested prints 25.93% in year one, and rental yield reads 8.77% against a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,200 by year five. Five-year ROI reaches 134.4% and total cumulative return in cash sums $139,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $1,527/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.38 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: DEXTER R GILLEY • Primus Realty Group dba REMAX Premier
Mls Name: Wiregrass BOR
Mls ID: #556392