326 Phyllis AveEnterpriseAL36330
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 326 Phyllis Ave, Enterprise, AL, 36330 in Enterprise speaks for itself: 10.84% gross on a $170,000 price, generating $1,536/mo in rent and $576/mo in net income after the $764/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,917 stacks alongside $46,968 in projected five-year appreciation and $1,566/yr in principal reduction. Projected total cumulative return: $101,208.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.2% |
| Monthly Cash Flow | $576 | $450 |
City averages based on Enterprise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,536 |
| Total Monthly Debt Service | $892 |
| DSCR Ratio | 1.72x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2020
0.70 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
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
Manufactured
Built in 2020
0.70 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: FRAN FRENDA • TEAM LINDA SIMMONS REAL ESTATE
Mls Name: WBOR
Mls ID: #550063
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.