209 Heritage BlvdEnterpriseAL36330
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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 209 Heritage Blvd, Enterprise, AL, 36330 priced at $192,500 pairs $1,789/mo rent with $686/mo cash flow after a $942/mo payment. Total monthly income equals $1,789/mo, and annual cash flow comes to $8,227/yr on $63,814 invested. Return on cash invested is 32.8% in year one, and rental yield stands at 11.15% on a $192,500 basis. Equity gained on principal adds $1,242/yr, and 5% annual appreciation accumulates to $53,184 by year five. Five-year ROI measures 171.39% and total cumulative return in cash reaches $109,373. For financing, Ziffy Mortgage’s DSCR program evaluates $1,789/mo property income against a $942/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.35 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: TRACEY SIMMONS • RE/MAX PREMIER
Mls Name: Wiregrass BOR
Mls ID: #553384
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.