3218 Highway 51EnterpriseAL36330
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
Investment property for sale in Enterprise at 3218 Highway 51, Enterprise, AL, 36330 earns $333/mo cash flow from $1,179/mo rent with a $734/mo payment. Total monthly income totals $1,179/mo, and annual cash flow totals $3,991/yr on $49,692 capital. ROI tracks 27.94% on current figures, and rental yield reads 9.44% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 145.23% and total cumulative return in cash sums $72,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,179/mo property income instead of your personal income.
Single Family
Built in 1924
2.56 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: RICKY SNELLGROVE • COLDWELL BANKER PRESTIGE HOMES AND REAL ESTATE
Mls Name: Wiregrass BOR
Mls ID: #554646