102 Pine Ridge RdWedoweeAL36278
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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 Wedowee at 102 Pine Ridge Rd, Wedowee, AL, 36278 with 5% annual appreciation on a $189,000 basis while $1,414/mo rent supports operations. Total monthly income totals $1,414/mo and a $925/mo payment preserves $347/mo for cash returns. Annual cash flow comes to $4,167/yr on $62,654 deployed, and return on cash invested reaches 26.56% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 8.98%. Five-year ROI measures 137.86% and total cumulative return in cash totals $86,374.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,414/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36278, Wedowee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,468 (100%) |
| Owner Occupied HU | 1,567 (45.2%) |
| Renter Occupied HU | 366 (10.6%) |
| Vacant Housing Units | 1,535 (44.3%) |
| Median Home Value | $322,637 |
| Average Home Value | $380,940 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,693
Multi-Family
0
Businesses
238
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