222 Claremont AveEnterpriseAL36330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 222 Claremont Ave, Enterprise, AL, 36330 priced at $163,000 pairs $1,594/mo rent with $561/mo cash flow after a $798/mo payment. Total monthly income equals $1,594/mo, and annual cash flow comes to $6,735/yr on $54,035 invested. Return on cash invested is 32.37% in year one, and rental yield stands at 11.73% on a $163,000 basis. Equity gained on principal adds $1,052/yr, and 5% annual appreciation accumulates to $45,034 by year five. Five-year ROI measures 169.95% and total cumulative return in cash reaches $91,831. For financing, Ziffy Mortgage’s DSCR program evaluates $1,594/mo property income against a $798/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2008
2,380 sqft lot
$N/A/sqft
$70 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DEXTER R GILLEY • RE/MAX PREMIER
Mls Name: WBOR
Mls ID: #552470
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.