616 Tartan WayEnterpriseAL36330
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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 616 Tartan Way, Enterprise, AL, 36330 priced at $459,900 pairs $3,307/mo rent with $711/mo cash flow after a $2,251/mo payment. Total monthly income equals $3,307/mo, and annual cash flow comes to $8,533/yr on $152,457 invested. Return on cash invested is 25.51% in year one, and rental yield stands at 8.63% on a $459,900 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,062 by year five. Five-year ROI measures 132.18% and total cumulative return in cash reaches $201,510. For financing, Ziffy Mortgage’s DSCR program evaluates $3,307/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.53 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: Beverly Hudson • CENTURY 21 REGENCY REALTY
Mls Name: Wiregrass BOR
Mls ID: #555239