266 Summit PlEnterpriseAL36330
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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 266 Summit Pl, Enterprise, AL, 36330 generates $2,280/mo in rent, after a $2,300/mo payment. Total monthly income is $2,280/mo. Return on cash invested sits at 17.04% in year one, and rental yield is 5.82% on a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 86.74% and total cumulative return in cash sums $135,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.60 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: NORMAN RILEY • CENTURY 21 REGENCY REALTY
Mls Name: Wiregrass BOR
Mls ID: #554434