302 Pondella DrEnterpriseAL36330
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
Investment property for sale in Enterprise at 302 Pondella Dr, Enterprise, AL, 36330 uses $62,985 cash to close to unlock $11,598/yr annual cash flow and $967/mo monthly cash flow. Total monthly income runs $2,039/mo, and a $930/mo payment keeps the spread at $967/mo. Purchase price stands at $190,000, and rental yield measures 12.88% with $2,039/mo rent. Return on cash invested shows 38.32% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 200.91% and total cumulative return in cash records $126,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,039/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A