403 E Morningview DrEnterpriseAL36330
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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 403 E Morningview Dr, Enterprise, AL, 36330 priced at $245,000 pairs $2,006/mo rent with $623/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,006/mo, and annual cash flow comes to $7,479/yr on $81,218 invested. Return on cash invested is 29.12% in year one, and rental yield stands at 9.83% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 151.55% and total cumulative return in cash reaches $123,084. For financing, Ziffy Mortgage’s DSCR program evaluates $2,006/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
0.32 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: STEPHEN HOLLAND • Property Champions Real Estate
Mls Name: Wiregrass BOR
Mls ID: #554330